A Tradition of Forward Thinking

Chicago Booth is renowned for faculty whose insights and analyses reshape the face of business, markets, and the global economy.

The strength of Booth’s unique perspective is reflected in one of the school’s most venerable traditions, Economic Outlook, which was established in 1954 as Business Forecast.

Drawing on Booth’s culture of unparalleled inquiry, this annual event provides a forum for our pathbreaking thought leaders to confront the future, evaluating emergent trends and sharing key insights that help reframe our understanding of the world to come.

Economist Beryl Sprinkel and professors Walter Fackler and Irving Schweiger prepare for the 1971 Business Forecast. Economist Beryl Sprinkel and professors Walter Fackler and Irving Schweiger prepare for the 1971 Business Forecast. 

In recent years, Booth faculty participants have included Steven J. Davis, William H. Abbott Professor of International Business and Economics and Deputy Dean for Faculty; Austan D. Goolsbee, Robert P. Gwinn Professor of Economics; John Huizinga, Walter David “Bud” Fackler Distinguished Service Professor of Economics; Erik Hurst, V. Duane Rath Professor of Economics and the John E. Jeuck Faculty Fellow; Anil K Kashyap, Edward Eagle Brown Professor of Economics and Finance; Randall S. Kroszner, Norman R. Bobins Professor of Economics; Raghuram G. Rajan, Eric J. Gleacher Distinguished Service Professor of Finance and Governor of the Reserve Bank of India; and Amir Sufi, Bruce Lindsay Professor of Economics and Public Policy.

Distinguished alumni and other economic and financial leaders join our faculty for Economic Outlook. Recent nonfaculty participants include Nobel laureate Myron Scholes, MBA '64, PhD '70; Singapore’s minister for finance, Tharman Shanmugaratnam; managing director and head of economics and emerging markets research at Barclays Capital, Piero Ghezzi; and Richard Wong, AB '74, AM '74, PhD '80, founding director of the Hong Kong Centre for Economic Research and the Hong Kong Institute of Economics and Business Strategy at the University of Hong Kong School of Economics.