Capital Ideas Blog


By Chelsea Vail

From: Blog

It’s been a banner year for Capital Ideas—we re-launched the magazine, started the Big Question video series, began a monthly newsletter, kept blogging, and joined Twitter, Facebook, and YouTube.

As if all that isn’t enough to keep your intellectual appetite fed, we’re bringing you a five-course meal of the most-read stories from us this year. If you haven’t read them yet, make it a New Year’s resolution to catch up (George Wu, Ayelet Fishbach, and Daniel Bartels have some advice on that). Plus, we’re throwing in the most-read blog post and most-watched video. Bon appétit!

Why you’re working too hard rings in at number five. Chicago Booth’s Christopher K. Hsee has spent two decades conducting research at the intersection of psychology, economics, and happiness. Here, Chicago Booth’s Dave Nussbaum explains the field of “hedonomics” and Hsee’s investigation of “overearning” at the expense of happiness.

The number four spot goes to Are CEOs overpaid? The case against, wherein Vanessa Sumo and Hal Weitzman bring more than a decade’s worth of Chicago Booth research on the topic into conversation. You can also see Chicago Booth’s Luigi Zingales and Steven Neil Kaplan debate executive pay and income inequality in this episode of the Big Question.

Attention entrepreneurs: Sell or die, written by Robin Mordfin, shared some advice from Chicago Booth’s Waverly Deutsch and Craig Wortmann that you just couldn’t get enough of, putting the story at number three. The entrepreneurial set can also benefit from their four tips on how to make a cold call.

Many, many of you wanted to know what economists and marketers are learning from newly accessible consumer data. We brought that to you in the Secrets of shopping, the number two story of the year. We also brought you a mini documentary with the researchers behind the revelations: Beyond big data: new perspectives on marketing.

Perhaps it is no surprise that the number one most-read story of the year is an essay written by “father of modern finance” and 2013 Nobel Prize in Economic Sciences recipient Eugene F. Fama. Adapted from a Convocation speech, A brief history of finance and my life at Chicago is a first-person account of the early days of modern finance.

Want more? Here are five issues economists (mostly) agreed on in 2013 (and one that stumped them).


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