Chicago Booth in the News

Save us from our champions
July 12, 2025 | The Times of India
In this op-ed, Chicago Booth’s Raghuram Rajan discusses why India struggles to compete in the international market despite having such a large domestic market. 

How a luggage manufacturer in Colorado has survived Trump’s Trade War. So far.
July 11, 2025 | The New York Times
“All forward-looking decisions just get turned down—and maybe turned down to zero—when uncertainty gets really high,” says Chicago Booth’s Chad Syverson of companies rethinking their supply chains and hiring plans due to unpredictable tariffs. 

University of Chicago economists reveal a surge in QSR labor productivity
July 8, 2025 | Food on Demand
A study by Chicago Booth’s Chad Syverson and coauthors found that takeout and delivery orders helped boost restaurant productivity following the COVID-19 pandemic.

Could consumer uncertainty over tariffs translate into less spending? 
July 7, 2025 | NPR Marketplace
“Worries about the economy influence consumption behavior just as much as, often even more than, actual negative economic events,” says Chicago Booth’s Ayelet Fishbach. 

What’s to come next won’t be trade deals, but broad structure on fairer trade without many details
July 2, 2025 | CNBC: Squawk Box Asia
Chicago Booth’s Raghuram Rajan comments on the U.S. trade agreement with Vietnam as well as a potential trade deal with India.

Chicago Booth joins the movement, launches new MBA concentration in Applied AI
July 2, 2025 | Poets&Quants
As artificial intelligence continues to redefine industries, Chicago Booth has become the latest top business school to launch an MBA concentration in Applied Artificial Intelligence.

Are your search habits sealing you in information bubbles without you realising? Here’s what new study says
June 30, 2025 | Mint
A study by Chicago Booth’s Oleg Urminsky and his co-author finds that the way people search online tends to trap them in an echo chamber that reinforces their existing beliefs. 

More factories. More jobs. Will Trump’s tariff promises pan out?
June 29, 2025 | USA Today
“When you expected to see the employment gains and reshoring the administration was talking about, there is not much evidence of that,” says Chicago Booth’s Rodrigo Adao of Trump’s first-term tariffs. “That puts a little bit of a question mark going forward.”

Donald Trump’s fiscal policy and Fed attacks imperil U.S. haven status, say economists
June 29, 2025 | Financial Times
In a poll from Chicago Booth’s Kent A Clark Center for Global Markets and the Financial Times, more than 90 percent of economists surveyed were either somewhat or very concerned about the U.S.’s status as the ultimate haven for foreign investors. 

How Donald Trump’s U.S. cuts to diversity, equity, and inclusion is having ‘direct impact on U.K. Pride’
June 29, 2025 | Birmingham Mail
According to Chicago Booth’s John Paul Rollert, many organizations fear “that they will be subject to heightened scrutiny and perhaps even reprisal by the current administration” for supporting Pride Month. 

Fmr. Federal Gov. Kroszner: Tariffs may have a short-term impact but not enough for Fed to worry
June 27, 2025 | CNBC: Money Movers
Chicago Booth’s Randall Kroszner discussed data from the recent Personal Consumption Expenditures price index report and the Fed’s potential next moves. 

Can a car boss turn around Gucci’s owner?
June 19, 2025 | The Economist
Chicago Booth’s Steven Kaplan discusses the private-equity model of moving sharp executives from one underperforming firm to another.

Gregg Popovich is a coaching legend. He’s also a master of tough conversations
June 18, 2025 | The Athletic 
Research by Chicago Booth’s Emma Levine and a coauthor highlights the four key components to giving hard feedback in a beneficial way. 

Good institutions won’t fix broken politics 
June 18, 2025 | Financial Times
Chicago Booth’s Raghuram Rajan discusses the current state of macroeconomics in the United States  and its impact on the. fiscal deficit.  

Chicago Booth’s New Venture Challenge awards record-breaking $2.267 million to finalists
June 17, 2025 | Clear Admit 
At the 29th Annual Edward L. Kaplan, ’71, New Venture Challenge (NVC), 10 finalist teams were collectively awarded a record-breaking $2.267 million. 

2025 Best & Brightest Executive MBA: Arief Wana, University of Chicago (Booth)
June 16, 2025 | Poets&Quants for Executives
Poets&Quants has chosen Chicago Booth’s Arief Wana as one of their Best & Brightest of 2025. 

Ask better questions to build a better business
June 16, 2025 | Crain’s Chicago Business
“The best founders and small-business operators don’t spend their days chasing certainty,” says Chicago Booth’s Jeremie Bacon. “They pursue better questions and discover the best answers faster than anyone else.” 

Every business is becoming an AI company. Here’s how to do it right. 
June 15, 2025 | Forbes 
A recent study published by Chicago Booth’s Anders Humlum and coauthor finds that “AI chatbots have had no significant impact on earnings or recorded hours in any occupation.”

Mary Tolan commits $12M to Chicago Booth’s Healthcare Initiative
June 15, 2025 | Clear Admit
University of Chicago trustee Mary Tolan ’92 (XP-61), and her husband, Edward Grzelakowski, have committed $12 million to advance the work of Chicago Booth’s Healthcare initiative.

The costs of victimomics
June 11, 2025 | Project Syndicate
Chicago Booth’s Raghuram Rajan discusses the political strategy of telling voters they are victims and why he thinks it can make conditions worse for constituents.

Compare car insurance rates
June 9, 2025 | WalletHub
Chicago Booth’s Matt Notowidigdo discusses the most important factors to consider when buying car insurance.

Chicago’s IPO market has been stuck. Will the dam break in 2025?
June 6, 2025 | Crain’s Chicago Business
Chicago Booth’s Steve Kaplan discusses the recent decline in the IPO market. “There has to be an appetite for risk and not such uncertainty. The appetite for risk is not there. Companies are wary of going public.”

As Treasury market is poised to grow, fragilities mount
June 4, 2025 | American Banker
“The problem is that there are all kinds of potential triggers that we haven’t thought of that we’ll only recognize once they happen,” says Chicago Booth’s Anil Kashyap of recent market volatility. “That’s the world we’re living in now.” 

Trump’s tax bill has nasty surprise in SALT fine print for some rich Americans
May 30, 2025 | Bloomberg 
Chicago Booth’s Eric Zwick discusses concerns surrounding the new tax and spending bill. “It’s noteworthy that one of the most expensive new changes to the code benefits this very small slice of the population,” he says. 

What the Fed’s watching closely about tariffs: Fmr. Fed governor
May 28, 2025 | Yahoo! Finance
Chicago Booth’s Randall Kroszner discusses policy uncertainty and trends around inflation data, prices, and economic forecasts. 

Trump’s Big Beautiful Bill is great for the ‘stealthy wealthy’
May 28, 2025 | The Ringer 
In a podcast hosted by The Ringer, Chicago Booth’s Eric Zwick discusses the new tax and spending bill. 

Raghuram Rajan warns U.S. risks future by curbing foreign students
May 27, 2025 | Bloomberg
“The Sergey Brins of the world came as students and did wonders for the U.S. economy,” says Chicago Booth’s Raghuram Rajan, referencing Google’s cofounder. “To some extent, the problem is the universities haven’t made the case that they are so central to U.S. growth, but also central to the distribution of that growth.”

An upstart venture firm marks 10 years with $36.5M fund
May 27, 2025 | Crain’s Chicago Business
“You can’t raise four funds without having decent performance,” says Chicago Booth’s Steven Kaplan of the venture firm M25. “They’re here to stay.” 

One tariff strategy for retailers? Expand in Europe
May 21, 2025 | NPR Marketplace
Expansion, or redirection, is not a strategy for every company, especially those that manufacture or assemble goods here in America, suggests Chicago Booth’s Jean-Pierre Dubé of retailers that are considering focusing on Europe to avoid tariffs.

2025 Best 40-Under-40 MBA Professors: Emanuele Colonnelli, Booth School of Business, University of Chicago
May 21, 2025 | Poets&Quants
Poets&Quants included Chicago Booth’s Emanuele Colonnelli in its 2025 list of Best 40-Under-40 MBA Professors. Colonnelli says his favorite thing about teaching is “learning from some of the brightest and most interesting young minds in the world—at a time when they’re bursting with energy and ambition.”

Chicago Booth receives $14 million in philanthropic commitments to support Civic Scholars Program
May 21, 2025 | Philanthropy News Digest
Chicago Booth has received $14 million in total gift commitments from alumnus John Edwardson, MBA ’72, and Fran Edwardson to support its Civic Scholars Program. In recognition, the program will be renamed the Edwardson Civic Scholars Program.

Trump scolded companies for raising prices. Do they have a choice?
May 20, 2025 | The New York Times
Chicago Booth’s Chad Syverson explains that a company’s profits have little effect on their decision to raise prices. Most companies want to preserve their profits, whether  large or small, to satisfy their owners and shareholders.

Global retailers’ tariff strategy risks spreading pain beyond U.S. consumer
May 20, 2025 | Reuters
“Obviously if your products coming into the U.S. are now subject to tariffs, then math says that you have to raise your prices in the U.S.,” says Chicago Booth’s Jean-Pierre Dubé. 

Study looking at AI chatbots in 7,000 workplaces finds ‘no significant impact on earnings or recorded hours in any occupation’
May 18, 2025 | Fortune
A working paper by Anders Humlum and a coauthor found that AI chatbots had a negligible effect on time savings and pay for workers in any occupation. 

Meet the ‘stealthy wealthy’ who make their money the boring way
May 18, 2025 | The Wall Street Journal
The largest source of income for the 1 percent highest earners in the U.S. is owning a medium-size regional business, according to research by Chicago Booth’s Eric Zwick and Princeton’s Owen Zidar. 

Will the bond market act as a spoiler for GOP’s “big, beautiful” tax bill?
May 14, 2025 | NPR Marketplace
“It doesn’t have to be to the point where it’s a full on crisis for this to create a lot of pain,” says Chicago Booth’s Anil Kashyap of the new tax bill’s potential impact. 

Randy Krozner: I expect the Fed to remain on path to lower rates 2-3 times this year
May 13, 2025 | CNBC Squawk on the Street
Chicago Booth’s Randy Kroszner joins CNBC Squawk on the Street to discuss expectations for the Fed, macro outlooks, and more. 

When “voice” is silenced: the rise and fall of DEI
May 12, 2025 | Business Reporter
Chicago Booth’s John Paul Rollert argues that fear—not profit—is driving corporations to distance themselves from DEI initiatives.

When pride meets politics: Why corporate courage is in decline
May 11, 2025 | The European Financial Review
In an op-ed, Chicago Booth’s John Paul Rollert examines why major corporations are retreating from Pride sponsorships across the U.S. 

My friends and I are rethinking our spending because of economic anxiety
May 10, 2025 | The Wall Street Journal
To deal with economic anxiety, Chicago Booth’s Abigail Sussman suggests separating emotional and financial decisions, even though they can overlap. 

Trump threatens to drop a $6 trillion bomb on the stock market
May 10, 2025 | The Telegraph
Chicago Booth’s Raghuram Rajan argues that while the new proposed tax policies may boost the incomes of working people, they could also end up costing the U.S. government much more than intended. 

Chicago street festivals are struggling. Here’s why.
May 9, 2025 | Crain’s Chicago Business 
“We don’t normally pay to walk around Chicago, so being asked to pay—even for a costly, special event—can feel unjust,” says Chicago Booth’s Ayelet Fishbach of the drop in donations for street festivals. 

Generative AI like ChatGPT is at risk of creating new gender gap at work 
May 8, 2025 | CNBC
“Recent studies have documented meaningful productivity gains from tools like ChatGPT,” says Chicago Booth’s Anders Humlum. “The fact that women are significantly less likely to use these tools means they may be missing out on these benefits.”

Treasury secretary falters as Democratic lawmaker asks who pays tariffs: ‘It’s a very complicated question’  
May 6, 2025 | The Latin Times
“If we go back to the trade war in 2018, research shows that most of the impact of these tariffs was borne by consumers and firms inside the United States,” says Chicago Booth’s Rodrigo Adão. 

Raghuram Rajan thinks the Fed needs to wait to cut rates until growth slows down
May 5, 2025 | CNN International: Quest Means Business 
“You need this to play out,” says Chicago Booth’s Raghuram Rajan. “And you don’t do it by cutting interest rates too sharply and elevating demand and ensuring inflation persists.” 

Economic concerns are mounting, but the Fed isn’t cutting rates proactively
May 5, 2025 | The New York Times
Chicago Booth’s Raghuram Rajan discusses what may happen if the Fed lowers interest rates as shortages hit. “Having demand pick up once again while supply is hugely constrained by these high tariffs may not be the best answer,” he says.  

MBA roundup: Chicago Booth’s MiM Program adds a global component
May 3, 2025 | Poets&Quants
Beginning Winter Quarter 2026, Master in Management students at Booth will have the option to complete a new Global Innovation and Impact specialization in London. 

Corporate America owes the rest of us $87 trillion
May 2, 2025 | Bloomberg
Research by Chicago Booth’s Lubos Pastor and co-authors estimates that the social cost of carbon emissions by U.S. companies will be $87 trillion by 2050.  

U.S. and China dig in on trade war, with no plans for formal talks
May 2, 2025 | The New York Times
Chicago Booth’s Brent Neiman discusses the Treasury Department’s former practice of working with China to prevent tensions over tariffs.

The 100 best & brightest MBAs: Class of 2025
May 1, 2025 | Poets&Quants
Booth Full-Time MBA students Yana Kaplun and Ilana Habib were spotlighted in this year’s Poets&Quants list of 100 Best & Brightest MBAs graduating this year.

Chicago Booth launches global specialization in London for MiM students
April 30, 2025 | The European Business Review
Chicago Booth is expanding its Master in Management Program globally, offering students a new opportunity to study in London starting Winter Quarter 2026.

Trump: ‘I think we’ll have a deal with India’ on tariffs and trade
April 29, 2025 | CNBC
“India benefits hugely if it can negotiate tariffs to a much lower level,” says Chicago Booth’s Raghuram Rajan. 

Generative AI is not replacing jobs or hurting wages at all, say economists
April 29, 2025 | The Register
A working paper by Chicago Booth’s Anders Humlum and coauthors finds the labor and wage impact of AI chatbots to be minimal. 

Your guide to the baffling world of duty-free shopping
April 28, 2025 | The Washington Post
“Duty-free shops might pick up some of the margins,” says Chicago Booth’s Sanjay Dhar of tariffs. “So the prices at duty-free shops will become more attractive than what you would pay if you had bought it in the local market.” 

Wall Street Banks Unload Last Batch of Musk’s X Buyout Debt
April 28, 2025 | The Wall Street Journal
“For those who say never bet against Elon, they seem to be right this time,” says Chicago Booth’s Steven Kaplan of Musk’s recent debt-sale success. 

Part-time MBA- Booth School of Business
April 21, 2025 | MBA Insight
Kara Northcutt, director of admissions and marketing for Booth’s Evening and Weekend MBA Programs, offers insight into the admissions process and shares tips for applicants. 

Consumers are struggling with their credit card balances, Fed study finds
April 21, 2025 | Marketplace
“What would the responsible consumer do now?” says Chicago Booth’s Ayelet Fishbach on rising fears of economic decline. “Should you run and buy a car? Or a washing machine or a cell phone? Are prices going to come up?” 

Flexible work is here to stay. Here's how to build a strong culture in the hybrid environment.
April 21, 2025 | Crain’s Chicago Business
In her recent article, Chicago Booth’s Ellen Rudnick discusses the importance of work culture in a hybrid environment.

Special Coverage from Marketplace: Selling America
April 20, 2025 | Marketplace
In a recent Marketplace podcast, Chicago Booth’s Matt Notowidigdo discussed the changing place of the US in the world economy. 

Chicago Booth renaming Executive MBA Program after alum donates $100M
April 15, 2025 | Chicago Tribune 
Entrepreneur Konstantin Sokolov, MBA ’05 (XP-74), has given $100 million to Chicago Booth, renaming the Executive MBA Program and funding a new clinical professorship.

Fed’s deepest tariff fear is a price shock that won’t fade away
April 12, 2025 | Bloomberg
Chicago Booth’s Michael Weber compares the hyperinflation of Germany after World War I to today’s higher inflation in this Bloomberg article. 

Inside the bond market’s $800 billion ‘murder mystery.’ Here’s why the basis trade could be a time bomb—and what the Fed can do to stop it
April 11, 2025 | Fortune
A recent paper by Chicago Booth’s Anil Kashyap and coauthors discusses the “inherently fragile” nature of hedge funds.  

Tariffs will send costs soaring. Which firms will raise prices?
April 10, 2025 | The Economist
Chicago Booth’s Jean-Pierre Dubé says that even when costs, such as tariffs, fall, many firms keep prices high. 

Trump says tariffs are reciprocal. They aren’t.
April 7, 2025 | The Wall Street Journal
“Some countries have raw minerals or resources we need, but are low-income and don’t demand some of our largest exports like advanced equipment or education services,” says Chicago Booth’s Brent Neiman on the impact of tariffs placed on certain countries.

The Trump White House cited my research to justify tariffs. It got it all wrong.
April 7, 2025 | The New York Times
Chicago Booth’s Brent Neiman details how the Office of the U.S. Trade Representative released a methodology that misinterpreted an academic paper authored by him and three other economists.

How Trump’s tariffs are shaking up the cybersecurity sector
April 7, 2025 | CSO Online
Chicago Booth’s Rodrigo Adão discusses how tariffs impact the tech sector in this CSO Online article.

Erin Burnett breaks out whiteboard to explain Trump’s tariff math
April 7, 2025 | CNN: Erin Burnett Out Front
Chicago Booth’s Brent Neiman discusses the formula that the Trump administration used to calculate tariffs.

7 smart money moves to make instead of checking your battered 401(k) right now
April 5, 2025 | Marketwatch
“You sell and you basically are engaging in a lot more market timing than you should be,” says Chicago Booth’s Abigail Sussman. “Fear is not a great way to be making decisions.”

Recession odds flirting with 50% Raghuram Rajan says
April 4, 2025 | Bloomberg Markets: The Close
Chicago Booth’s Raghuram Rajan says Trump administration’s tariff policies increase the risk of a U.S. recession. 

Trump’s tariffs are raising the cost of ‘business as usual’ for food purveyors
April 4, 2025 | Eater
Most tariffs we put on other countries “end up being paid by someone in the U.S., split between the consumer and the firm doing the importing,” says Chicago Booth’s Rodrigo Adão.

Raghuram Rajan calls Trump’s reciprocal tariffs a ‘self goal,’ says impact on India will be smaller
April 3, 2025 | The Economic Times
Chicago Booth’s Raghuram Rajan discusses the impact of Trump’s tariffs on the U.S. and India. 

Why does Trump’s tariff explainer reference a paper it doesn’t cite? 
April 3, 2025 | Financial Times
Chicago Booth’s Brent Neiman responds to claims that his co-authored work may have been cited by the Trump administration to explain its tariff formula. “It is not clear what the government note is referencing or not from our work.”

Another ‘shock’ is coming for American jobs
April 1, 2025 | The Washington Post
Assisting individuals in a career change is costly, but far less expensive than leaving them potentially dependent upon government support for decades, argues Chicago Booth’s Anders Humlum. 

IMF, World Bank brace for Trumps ‘America First’ makeover
March 31, 2025 | Bloomberg
Chicago Booth’s Brent Neiman believes withdrawing from the IMF and World Bank would make the global economy weaker. “If the IMF as an institution didn’t exist yet, we’d want to create something just like it.” 

The questions surrounding Paul Atkins’ SEC
March 27, 2025 | Politico
A new paper by Chicago Booth’s Anil Kashyap and coauthors lays out a way for the central bank to handle market stability problems.

Talking to strangers is good for your health, research shows
March 27, 2025 | The Metro 
Chicago Booth’s Nicholas Epley discusses the importance of real-life interactions with others on The Metro podcast. 

Fed urged to explore hedge fund bailout tool for basis trade
March 26, 2025 | Bloomberg
Research by Chicago Booth’s Anil Kashyap suggests a better way of handling Fed intervention would be via hedged bond purchases.

Companies pull back from pride events as Trump targets D.E.I.
March 26, 2025 | The New York Times
According to Chicago Booth’s John Paul Rollert, many organizations worry “that they will be subject to heightened scrutiny and perhaps even reprisal by the current administration” if they support DEI-related efforts.

Scientist says that ChatGPT has a ‘staggering’ gender problem
March 22, 2025 | Futurism
Chicago Booth’s Anders Humlum explains that in his research he’s encountered a “staggering gender gap in the adoption of ChatGPT.” 

Donald Trump’s policies set to cool growth and lift inflation, economists say
March 18, 2025 | Financial Times 
In a poll conducted by Chicago Booth’s Kent A. Clark Center for Global Markets and the Financial Times, economists warned that inflation will accelerate and economic growth will slow in the U.S. 

Fast-er food: A productivity surge at U.S. restaurants
March 18, 2025 | NPR Planet Money
A study by Chicago Booth’s Chad Syverson and coauthors found that after 2020, productivity in the restaurant industry surged even higher than pre-COVID levels.

It’s time to get hardcore about your core values
March 17, 2025 | Crain’s Chicago Business
An article by Chicago Booth’s Michael Curry breaks down the importance of core values in business-building relationships. 

Fear and resignation after ‘world’s most powerfully company’ pays Trump a $100 billion ‘protection fee’
March 13, 2025 | CNN
Chicago Booth’s Chang-Tai Hsieh comments on how Taiwan Semiconductor Manufacturing Company’s new investment in the U.S. might impact other major companies. 

Trumponomics’ exorbitant burden 
March 13, 2025 | Project Syndicate 
In an op-ed, Chicago Booth’s Raghuram Rajan discusses why he finds a statement made by Stephen Miran—the incoming chair of the Council of Economic Advisors—on America’s large trade deficits unpersuasive. 

China’s AI hype machine kicks into overdrive 
March 13, 2025 | Bloomberg
Chicago Booth’s Bradford Levy discusses the rising popularity of AI in China. “The Chinese economy is on shaky ground right now. By fanning the hype around it, Beijing generates interest in their own firms.” 

Couples most likely to divorce share a common economic trait, research shows
March 13, 2025 | Fortune
Research by Chicago Booth’s Marianne Bertrand and coauthors finds that when women earn more than their husbands, it significantly increases the likelihood of divorce. 

What is Manus AI and is it having a DeepSeek moment?
March 11, 2025 | Euro News
“Overall, there’s a notable lack of transparency around what Manus is really capable of doing, which would suggest that for all the talk around Manus, there’s a good chance it won’t meet expectations,” says Chicago Booth’s Bradford Levy of the new AI platform. 

Fed Chair Powell says interest rates on hold with economic uncertainty widespread
March 7, 2025 | Associated Press
At this year’s U.S. Monetary Policy Forum, hosted by Chicago Booth’s Kent A. Clark Center for Global Markets, Federal Reserve chair Jerome Powell addressed widespread economic uncertainty. 

Is ChatGPT friend or foe? Workers in these cities will soon find out. 
March 7, 2025 | Crain’s Chicago Business
Chicago Booth’s Anders Humlum discusses the potential impact of ChatGPT on the workforce: “It seems clear white-collar, more highly paid work is more exposed, and we should focus our attention on those occupations, which tend to be clustered in cities.” 

Eugene Fama and David Booth on the birth of modern finance
March 6, 2025 | Bloomberg Odd Lots
On the Bloomberg Odd Lots podcast, Chicago Booth’s Eugene Fama, MBA ’64, PhD ’64,  and David Booth, ’71, discuss their documentary Tune Out the Noise and the birth of modern finance. 

What if the U.S. just deleted government spending from GDP?
March 3, 2025 | Marketplace
Chicago Booth’s Guido Lorenzoni said if the U.S. were to delete government spending from gross domestic produce reports, it would likely be a publicity stunt. 

Most Disruptive MBA Startups Of 2024
March 3, 2025 | Poets & Quants
Encore, a startup founded by Will Anema, AB ‘20, MBA ‘24, while he was at Booth, was recently among 41 student ventures honored in P&Q’s 6th annual “Most Disruptive MBA Startups.” The list highlights startups with the greatest potential for lasting beyond business school. An online reseller of high-end collectibles, Encore has processed over 400,000 transactions and reeled in $2.15 million dollars in investment since its founding. 

How culture shapes capitalism around the world 
March 2, 2025 | Financial Times
Research led by Chicago Booth’s Thomas Talhelm traces Asia’s more collectivist social structure back to the historically laborious process of rice farming. 

North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
February 26, 2025 | Marketwatch
Chicago Booth’s Eric Budish says crypto investors should be cautious, because cryptocurrencies’ vulnerability to attacks is growing

Indian firms focusing on application of AI
February 25, 2025 | Bloomberg Daybreak: Europe
A lot of small and medium-sized firms in India are beginning to focus on the applications of AI, says Chicago Booth’s Raghuram Rajan. 

Meet the world’s 24 superbillionaires 
February 25, 2025 | The Wall Street Journal 
Chicago Booth’s Steven Kaplan and Luigi Zingales discuss the rise of the superbillionaire class in the US. 

Was DEI really just performative political theatre? 
February 20, 2025 | Financial Times
An op-ed by Chicago Booth’s Raghuram Rajan discusses the recent dialing back of diversity, equity, and inclusion efforts at private US companies. 

Trump says he could give 20% of DOGE savings back to Americans
February 20, 2025 | Al Jazeera 
“My guess is that 100 percent of the ‘savings’ will be used to pay the severance payments to the workers that they let go,” says Chicago Booth’s Canice Prendergast on targeting DOGE for financial waste management. 

Make things easy for customers and see the growth you’ve been dreaming of
February 17, 2025 | Crain’s Chicago Business
An article by Chicago Booth’s Michael Alter explains why the easier a customer’s experience is, the more successful a business will likely be.   

MBA applications bounce back in tougher job market 
February 16, 2025 | Financial Times 
“I think it’s definitely influenced by the softening job markets,” says Chicago Booth’s Donna Swinford. “There’s an increase of people coming from tech, and also consulting, who are applying.” 

Raghuram Rajan discusses India’s trade prospect with China and the US under Trump presidency
February 16, 2025 | CNBC Squawk Box Asia
Chicago Booth’s Raghuram Rajan discusses trade relations between India, China, and the US. 

Dr. Raghuram Rajan on India-US ties
February 15, 2025 | Brut India
Chicago Booth’s Raghuram Rajan discusses potential US tariffs on India. “In fact, I think, almost surely we will have some tariffs levied.” 

US-India could be ‘a key relationship in the 21st century’, says Raghuram Rajan
February 14, 2025 | CNBC Squawk Box
In this CNBC interview, Chicago Booth’s Raghuram Rajan discusses the potential benefits of a strong trade relationship between the US and India. 

Bradford Levy of the University of Chicago Booth School of Business: DeepSeek’s “low-cost revolution” challenges the hegemony of AI giants
February 13, 2025 | Sina News
Chicago Booth’s Bradford Levy speaks on the challenges DeepSeek may pose to AI giants. 

Retailers including Trader Joe’s and Kroger have begun limiting egg purchases
February 13, 2025 | NPR
“Hoarding is contagious and not necessarily irrational,” says Chicago Booth’s Ayelet Fishbach of the rising egg purchases in the US. 

US and India to double bilateral trade in five years, Prime Minister Modi says, as Trump tariffs loom
February 13, 2025 | CNBC.com
Chicago Booth’s Raghuram Rajan says the target of $500 billion in trade between the US and India could be achievable. 

Bank of England’s Bailey says deregulation can be bad for growth
February 11, 2025 | Bloomberg
At an event hosted by the University of Chicago Booth School of Business in London, Bank of England governor Andrew Bailey warned politicians against slashing regulation. 

Trump’s new tariffs will hit American consumers the hardest 
February 10, 2025 | Beijing Review
A 2024 survey conducted by Chicago Booth’s Kent A. Clark Center for Global Markets finds that 98 percent of more than 40 leading global economists agree on tariffs increasing prices for consumers. 

The mood of the American consumer is souring
February 7, 2025 | The Wall Street Journal
A survey by Chicago Booth’s Michael Weber and his coauthors finds that American consumers believe that they would have to cover, on average, almost half the cost of a hypothetical 20 percent tariff.

Nobel Prize-winning economist: Bitcoin will be worth nothing in 10 years
February 6, 2025 | The Street
Chicago Booth’s Eugene Fama says cryptocurrency as a “medium of exchange is not supposed to survive.” 

A look at the economic impact of the 2017 tax cuts
February 5, 2025 | NPR Marketplace
Chicago Booth’s Eric Zwick comments on the economic impact of the 2017 tax cuts. 

Meet Chicago Booth’s MBA class of 2026
February 5, 2025 | Poets&Quants
Read the stories of Chicago Booth’s MBA Class of 2026 in this Poets&Quants article. 

Boosting EU demand and a stronger euro would prevent trade war
February 3, 2025 | Politico
An article authored by Chicago Booth’s Veronica Guerrieri, Guido Lorenzoni, and their coauthors discusses how a trade war can be averted between the US and Europe. 

Trade expert says threats of tariffs could cost consumers, whether they go into affect or not
February 3, 2025 | WBBM News Radio
Chicago Booth’s Rodrigo Adao discusses the potential impact of tariffs on goods from Canada, China, or Mexico on Americans. “We should be worried about the fact that they can increase the cost for everyone in the US.”

Are conservatives behind ‘de-banked’?
February 3, 2025 | The Washington Post
“Banks are at risk if they have shady customers,” says Chicago Booth’s Anil Kashyap. “They pay fines frequently.” 

DeepSeek’s breakthrough: A shift in AI economics? 
January 31, 2025 | Silicon Canals
An article by Chicago Booth’s Bradford Levy discusses DeepSeek AI and its relation to economics. 

High inflation sows debate about new Fed playbook for tariffs
January 31, 2025 | New York Times 
A survey conducted by Chicago Booth’s Michael Weber and coauthors finds that consumers are already moving up purchases and stockpiling goods in anticipation of future increased prices. 

Bain and KKR’s brutal battle over trove of hidden assets
January 30, 2025 | Financial Times
Chicago Booth’s Steven Kaplan comments on the fight between Bain Capital and KKR to control Fuji Soft. “This kind of dispute likely wouldn’t get to this stage in the US.” 

Many governments talk about cutting regulation but few manage to
January 30, 2025 | The Economist
Research by Chicago Booth’s Eric Zwick and Chang-Tai Hsieh offers insights into the financial burden that heavy regulation can have on business. 

Industry Weighs in on DeepSeek Launch 
January 28, 2025 | AI Business
“DeepSeek has sent shockwaves through the tech industry, directly challenging tech giants like Meta, Microsoft, and Open AI,” says Chicago Booth’s Bradford Levy of the emerging AI company. 

Hospitals-at-home alternatives score with some providers
January 28, 2025 | Modern Healthcare
Chicago Booth’s Matt Notowidigdo discusses the potential strengths and weaknesses of hospital-at-home programs. 

Why common problems are often worse than we realize
January 27, 2025 | The New York Times
Telling people that a problem is prevalent tends to make them decide it’s less serious, according to research by Ayelet Fischbach and coauthors. “People believed dire problems—ranging from poverty to drunk driving—were less problematic upon learning the number of people they affect.”

As sales slump, Kohl’s turns to new CEO to bring back customers
January 27, 2025 | CNN.com
“If you want to keep stores open, you’ve got to give people reasons to shop in your store,” says Chicago Booth’s Jean-Pierre Dubé.  

What are small luggage models really good for? 
January 21, 2025 | Tech Monitor
Chicago Booth’s Bradford Levy discusses the strengths and weaknesses of small language models for business use. 

Ex-RBI Gov. Raghuram Rajan on world GDP, public debt, US economy
January 21, 2025 | Bloomberg Surveillance
“Good times are when we create space for the bad times. Are we creating the space? We certainly need to do more,” says Chicago Booth’s Raghuram Rajan ahead of the 2025 World Economic Forum. 

Sometimes the riskiest choice is playing it safe
January 20, 2025 | Crain’s Chicago Business
In an article by Chicago Booth’s Jamie Shah discusses the importance of taking calculated risks. “Playing it safe can mean playing small. It can mean passing up the chance to define success.”

Debunking popular myths surrounding MBA admissions
January 19, 2025 | The Hindu
Chicago Booth’s Donna Swinford shares how to navigate the MBA application process with confidence and clarity. 

Are realtors having an existential crisis? 
January 17, 2025 | Freakonomics
On the Freakonomics Radio podcast, Chicago Booth’s Chad Syverson and other economists discuss the real estate industry and housing prices. 

What did Trump tax cuts do? Nobody really knows. 
January 17, 2025 | The New York Times
Research from Chicago Booth’s Eric Zwick and his coauthors finds that lower corporate tax cuts established by law in 2017 helped stimulate more corporate investment. 

Balance of power shifts back towards bosses
January 13, 2025 | The Wall Street Journal 
“Firms are trying to reset expectations,” says Chicago Booth’s Michael Gibbs on recent employer changes to remote-work policies and employee benefits.

TikTok ban update: SCOTUS likely to uphold TikTok ban unless Chinese-owned ByteDance divests
January 10, 2025 | ABC 7 Chicago
Chicago Booth’s Tom Hafen comments on the TikTok ban and how it could affect small businesses. 

Do you want the good feedback, or the bad feedback? 
January 10, 2025 | Financial Times
An article by Chicago Booth’s Ayelet Fishbach and her coauthor examines the effect feedback has on learning. 

How a buddy system can help you reach your goals
January 7, 2025 | NPR: Life Kit
Chicago Booth’s Ayelet Fishbach discusses the importance of working with others to help us reach our goals.  

Donald Trump’s ‘Maganomics’ will damage growth, economists tell FT polls
January 1, 2025 | Financial Times
Economists polled by Chicago Booth and the Financial Times believe that protectionist policies are likely to damage growth, spur inflation, and make the Federal Reserve more cautious about cutting interest rates.