ºÚÁÏ´«ËÍÃÅ Booth in the News
ºÚÁÏ´«ËÍÃÅ Booth has driven innovation in business education, scholarship, and leadership since 1898. Our research makes headlines around the world, and our faculty are sought-after experts who provide insights and commentary for leading publications such as the New York Times, the Wall Street Journal, and the Financial Times. We invite you to explore our latest media coverage and ºÚÁÏ´«ËÍÃÅ Booth news.
In the News 2026
April 29, 2026 | The Dispatch
ºÚÁÏ´«ËÍÃÅ Booth’s Eric Zwick discusses New York’s proposed pied-à-terre tax on homes worth more than $5 million.
April 27, 2026 | The New York Times
Many countries in Asia are already dealing with fuel shortages, which will only get worse as the war in Iran continues, says ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan.
April 23, 2026 | Crain’s ºÚÁÏ´«ËÍÃÅ Business
“The challenge for the Midwest is not bringing top venture investors here immediately, but instead, how to build a stronger innovation ecosystem over time that will attract them here naturally,” write ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan and UºÚÁÏ´«ËÍÃÅ’s Samir Mayekar.
April 23, 2026 | Forbes
The standard fear about AI and employment gets the structural economics backward, ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas argues.
April 23, 2026 | Poets & Quants
“Making the decision to attend Booth was one of the best I have ever made,” says Full-Time MBA student Chad Shimozaki, who was featured in Poets & Quants’ annual list of Best & Brightest MBAs. “I achieved my professional goals, grew alongside brilliant classmates, and learned from professors who genuinely challenged me to think differently.”
April 23, 2026 | The Irish Times
ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas says AI’s impact on the labor market "will depend on what tasks it automates and how and when."
April 22, 2026 | The News & Observer
A corporate acquirer “is likely to make lots of cuts” if the company it purchased isn’t growing and is overly bureaucratic, says ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan.
April 19, 2026 | Financial Times
“He’s been away from the Fed for many years, watching from the outside, so it’s reasonable to think that he will come in with a fresh view of how things should be done,” ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan says of incoming Federal Reserve chair Kevin Warsh.
April 19, 2026 | Fortune
As AI commoditizes more of the economy, ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas says spending and employment will migrate toward the “relational sector”—jobs and services with a distinct human element such as nursing, teaching, therapy, and hospitality. “There’s a lot of jobs right now that have a relational component, which will become relational jobs,” he says.
April 18, 2026 | Bloomberg: Odd Lots
ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas discusses how AI might disrupt the labor market.
April 18, 2026 | The New York Times
Corporate concentration has been rising for a century, according to research from ºÚÁÏ´«ËÍÃÅ Booth, with fewer than 1 percent of corporations now accounting for more than 90 percent of profits.
April 16, 2026 | Business Insider
ºÚÁÏ´«ËÍÃÅ Booth’s Anil Kashyap weighs in on an upcoming executive order that would require banks to collect citizenship data from account holders.
April 15, 2026 | The New York Times
“If a job involves a bunch of different tasks—and most jobs do—some tasks will be automated and some will not,” ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas says of AI implementation. “And if that is the case, the worker may have more time to do bigger things.”
April 14, 2026 | Find MBA
“At its core, Booth’s approach to AI education emphasizes critical thinking and intellectual independence,” says ºÚÁÏ´«ËÍÃÅ Booth’s Sanjog Misra, faculty director of the Center for Applied Artificial Intelligence.
April 13, 2026 | The Wall Street Journal
Labor productivity increased coming out of the COVID-19 pandemic as workers moved into jobs they performed more productively, says ºÚÁÏ´«ËÍÃÅ Booth’s Chad Syverson.
April 13, 2026 | The Guardian
“Just because you know where a conversation might start, doesn’t mean you know where it will end, and the process of having a conversation can often make it end up in a more interesting place than you expected,” ºÚÁÏ´«ËÍÃÅ Booth’s Nicholas Epley says of small talk.
April 12, 2026 | The Washington Post
Dating apps “constantly make you think perhaps that there is somebody better out there,” says ºÚÁÏ´«ËÍÃÅ Booth’s Nicholas Epley.
April 10, 2026 | YourTango
Anthropomorphism, or giving human attributes to non-human things, is a sign of intelligence, says ºÚÁÏ´«ËÍÃÅ Booth’s Nicholas Epley.
April 9, 2026 | Marketplace
“The American consumer has been remarkably resilient, given a whole set of incredible shocks that have occurred over the last year,” says ºÚÁÏ´«ËÍÃÅ Booth’s Randy Kroszner.
April 3, 2026 | The New York Times
After OpenAI released a ChatGPT model capable of reasoning in late 2024, ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas says he started thinking of AI as “potentially an industrial revolution-scale event, if not more.”
April 1, 2026 | Marketplace
A year later after President Trump announced a slate of tariffs, the impacts on American manufacturing “have been pretty minimal,” says ºÚÁÏ´«ËÍÃÅ Booth’s Matt Notowidigdo.
March 30, 2026 | Hidden Brain
ºÚÁÏ´«ËÍÃÅ Booth’s Emma Levine discusses her research on when people find lies acceptable.
March 30, 2026 | TheStreet
Research by ºÚÁÏ´«ËÍÃÅ Booth’s Eric Zwick and Princeton’s Owen Zidar found that business ownership made up 34.9 percent of income for the top 1 percent in 2022.
March 30, 2026 | Business Insider
Forms of payment like Apple Pay make it easy “to spend without even looking at the price, frankly, without even really pausing to internalize it,” ºÚÁÏ´«ËÍÃÅ Booth’s Abigail Sussman says of the modern shopping experience.
March 28, 2026 | FIRST Online
ºÚÁÏ´«ËÍÃÅ Booth’s Guido Lorenzoni discusses how the Iran War is affecting energy supplies and prices around the globe.
March 26, 2026 | The Wall Street Journal
As the Iran War causes an energy-price shock, “the impact is going to be felt much harder and sooner in many developing countries,” says ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan.
March 25, 2026 | WBEZ: Say More
“Addiction is hard—we know that,” says ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach. “What we might not know is that social media is addiction.”
March 24, 2026 | Marketplace
While private credit firms made many loans from 2021–2 when interest rates were low, they’re pulling back now that interest rates are higher and borrowers are more likely to default on payments, says ºÚÁÏ´«ËÍÃÅ Booth’s Amir Sufi.
March 20, 2026 | CNBC: Squawk on the Street
ºÚÁÏ´«ËÍÃÅ Booth’s Randy Kroszner discusses the uncertainty around interest rates amid the Iran War.
March 17, 2026 | Financial Times
In a poll by ºÚÁÏ´«ËÍÃÅ Booth’s Kent A. Clark Center for Global Markets and the Financial Times, 68 percent of economists said U.S. GDP growth would decline significantly if oil prices remain at $100 per barrel for the rest of 2026.
March 17, 2026 | The Wall Street Journal
ºÚÁÏ´«ËÍÃÅ Booth’s Brian Jabarian says companies need to start measuring AI token use to understand whether AI is improving productivity.
March 17, 2026 | CommonWealth Magazine
“The Taiwan dollar looks very undervalued by almost any measure,” writes ºÚÁÏ´«ËÍÃÅ Booth’s Chang-Tai Hsieh. “Taiwan’s current account surplus also now stands at an astonishing 20% of GDP, and will likely increase even more this year because of the AI boom.”
March 14, 2026 | Poets & Quants
“The Booth and UºÚÁÏ´«ËÍÃÅ community have consistently connected us to mentors, founders, industry leaders, and partners—opening doors wherever we go,” say Joseph McDonald, MBA ’25, and Muhammad Hashaam Asif, Full-Time MBA student. Last year, they won second place at Booth’s Edward L. Kaplan, ’71, New Venture Challenge with their semiconductor manufacturing company K1 Semiconductor.
March 13, 2026 | The New York Times
A new paper from ºÚÁÏ´«ËÍÃÅ Booth’s Matthew Notowidigdo and coauthors finds that after NAFTA went into effect in 1994, American workers in communities newly exposed to competition from Mexican imports had reduced life spans. “I think economists have probably had an overly rosy view of NAFTA,” Notowidigdo says.
March 10, 2026 | Poets & Quants
ºÚÁÏ´«ËÍÃÅ Booth dean Madhav Rajan discusses MasterClass Executive, Booth and MasterClass’s new program built with collaboration from OpenAI. “At ºÚÁÏ´«ËÍÃÅ Booth, we believe the most effective learning is rigorous, evidence-based, and deeply personalized—and that’s precisely what drew us to this partnership,” Rajan says.
March 10, 2026 | Project Syndicate
“Even if incumbents are displaced, the new opportunities created by AI-induced cost reductions and productivity enhancements need not lead only to more AI,” writes ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan. “They may also require the work of humans—as with the internet and the rise of influencers.”
March 9, 2026 | Poets & Quants
“ºÚÁÏ´«ËÍÃÅ’s entrepreneurial community has been a major asset,” say Sakshi Nag, MBA ’25, and Divyanshu Sharma, MBA ’25, who cofounded an agentic AI startup for scientists called Rayni. “The Booth community and the broader ºÚÁÏ´«ËÍÃÅ ecosystem are deeply connected, and the people are generous with time, feedback, and introductions.”
March 8, 2026 | Financial Times
“No one is looking at any one dataset or relying on one anecdote” to cut interest rates, said Mary Daly, president of the San Francisco Federal Reserve, at the 2026 U.S. Monetary Policy Forum, hosted by Booth’s Kent A. Clark Center for Global Markets.
March 8, 2026 | The Wall Street Journal
Expectations around inflation depend on an individual’s own lifetime experience, according to a new paper by ºÚÁÏ´«ËÍÃÅ Booth’s Stefan Nagel and a co-author.
March 6, 2026 | Reuters
ºÚÁÏ´«ËÍÃÅ Booth’s Anil Kashyap and a team of co-researchers found that including private data in government economic reports could help the Federal Reserve better anticipate changes in jobs and inflation. The economists presented their findings at the 2026 U.S. Monetary Policy Forum, hosted by Booth’s Kent A. Clark Center for Global Markets.
March 5, 2026 | The Economist
American factories that are more than 40 years old employ seven times as many workers as those less than five years old, according to a study by ºÚÁÏ´«ËÍÃÅ Booth’s Chang-Tai Hsieh and Stanford’s Peter Klenow.
March 5, 2026 | Streetsblog NYC
If car insurance were charged by the mile, rather than at a flat rate, then “most people would choose to drive less,” says ºÚÁÏ´«ËÍÃÅ Booth’s Pascal Noel, reducing costs and crash risks.
March 5, 2026 | Fortune
AI may reduce businesses’ need for human workers, says ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas, but fewer workers mean fewer people will have money to buy those businesses’ products. “The people in the tech world like to think about supply, and nobody talks about demand,” he says.
March 3, 2026 | The Wall Street Journal
ºÚÁÏ´«ËÍÃÅ Booth’s Abigail Sussman says young Americans should view their credit score as a pie made up of different pieces, such as payment history, outstanding debt, and credit mix. “It gets at some aspects of your financial well-being, but it’s not a complete picture,” she says.
February 27, 2026 | The New York Times
If AI eliminates the need for human work, it would reshape the economic forces of supply and demand, says ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas.
February 27, 2026 | Bloomberg
AI could increase demand in India for software firms and workers if they can retool and reskill quickly, says ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan.
February 26, 2026 | Inc.
MasterClass Executive, a new joint program from ºÚÁÏ´«ËÍÃÅ Booth, MasterClass, and OpenAI, was launched to be “a modern day business school that is designed for the skills you need to learn in the AI era,” says David Rogier, MasterClass founder and CEO.
February 23, 2026 | Macro Musings
ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan discusses highlights from his time working at the International Monetary Fund and the Reserve Bank of India, as well as his recent research on the Federal Reserve’s quantitative easing.
February 22, 2026 | The New York Times
Globalization’s impact on American factory workers and communities supports an argument for fixing it, rather than pulling back from it, says ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan.
February 20, 2026 | NPR
Nearly all the costs of recent U.S. tariffs are being paid by American importers, not foreign exporters, per research by ºÚÁÏ´«ËÍÃÅ Booth’s Brent Neiman and Harvard’s Gita Gopinath.
February 20, 2026 | Crain’s ºÚÁÏ´«ËÍÃÅ Business
“Look beyond the prestige and watch how leaders treat people with no power,” Sonny Garg, AB ’89, MBA ’00, tells his students when considering jobs. “Choose environments that nurture your best self rather than ones that continuously test it,” writes Garg, an executive in residence at ºÚÁÏ´«ËÍÃÅ Booth’s Rustandy Center for Social Sector Innovation.
February 20, 2026 | The American Compass
ºÚÁÏ´«ËÍÃÅ Booth’s Luigi Zingales discusses the difference between economic models and real-world applications, and how the field of economics can change.
February 19, 2026 | Marketplace
The pricing variance of online shopping makes it impossible to accurately estimate an item’s cost, says ºÚÁÏ´«ËÍÃÅ Booth’s Jean-Pierre Dubé.
February 18, 2026 | Clear Admit
Application reviewers for the Master in Management Program focus heavily on a student’s career plans and preparation, says Wynne Strugatch, ºÚÁÏ´«ËÍÃÅ Booth’s associate director of student recruitment and admissions. “When students come into the Master in Management Program, we want them to have a strong sense of their goals—what types of work organizations and fields they want to go into,” she says.
February 18, 2026 | Marketplace
The personal consumption expenditures price index tends to be more dynamic and up to date than the consumer price index, according to ºÚÁÏ´«ËÍÃÅ Booth’s Randy Kroszner.
February 18, 2026 | Bloomberg
ºÚÁÏ´«ËÍÃÅ Booth’s Brent Neiman and his co-author have found that almost 100 percent of costs from recent tariffs were passed through to U.S. import prices.
February 16, 2026 | WalletHub
“I think most people who own a credit card should choose a card with no fees,” says ºÚÁÏ´«ËÍÃÅ Booth’s Thomas Talhelm. “In my opinion, most of the perks that come with paid cards sound nice but don't actually have much practical value.”
February 11, 2026 | Financial Times
Hernando Bunuan, MBA ’07, says his ºÚÁÏ´«ËÍÃÅ Booth MBA not only increased his salary, but also helped him launch his venture capital fund, Z2Sixty Ventures.
February 9, 2026 | The Wall Street Journal
“You have a massive amount of capital raised under one set of macro assumptions now operating in a very different reality,” ºÚÁÏ´«ËÍÃÅ Booth’s Emanuele Colonnelli says of the rising amount of unspent cash in venture funds.
February 9, 2026 | The Center Square
The financial burden of new tariffs has largely been passed onto US businesses and consumers via higher prices, according to a paper by ºÚÁÏ´«ËÍÃÅ Booth’s Brent Neiman and a coauthor. However, due to implementation delays and exemptions, the complete impact of the tariffs has yet to be seen.
February 8, 2026 | Financial Times
In a survey by ºÚÁÏ´«ËÍÃÅ Booth’s Kent A. Clark Center for Global Markets and the Financial Times, nearly 60 percent of economists said the AI boom will affect interest rates by less than 0.2 percent over the next two years.
February 5, 2026 | The Wall Street Journal
ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan compared the merger of Elon Musk’s companies SpaceX and xAI to business deals during the dot-com boom.
February 5, 2026 | Straight Arrow News
ºÚÁÏ´«ËÍÃÅ Booth’s Sam Peltzman has pitched making prescription drugs available over the counter automatically once they’ve been on the market long enough to confirm their safety.
February 5, 2026 | ºÚÁÏ´«ËÍÃÅ Tribune
Many of the college athletes accused of purposefully losing games in a federal indictment come from areas of low economic mobility, according to ºÚÁÏ´«ËÍÃÅ Booth’s Mark Mitchell. “These outcomes are not random, and they are not merely moral failures,” he writes in an op-ed.
February 4, 2026 | Financial Times
“If it turns out that there’s going to be a bunch of spending now and you’re not going to get the benefits [on productivity] for a while, then that’s probably going to create a little bit of pressure on inflation,” ºÚÁÏ´«ËÍÃÅ Booth’s Anil Kashyap says of the AI boom.
February 4, 2026 | The Atlantic
Shoehorning AI into real estate listings will likely make buying and selling less efficient and less profitable, suggests ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach.
February 3, 2026 | Time
Moltbook, a new social network designed for AI agents, could provide lessons about the future of agentic AI interactions, says ºÚÁÏ´«ËÍÃÅ Booth’s Alex Imas.
February 2, 2026 | CBS ºÚÁÏ´«ËÍÃÅ
Julie Thornton, ºÚÁÏ´«ËÍÃÅ Booth’s director of career management for Evening and Weekend Programs, outlines a four-step process for using silence to clear your mind.
January 31, 2026 | The Asahi Shimbun
ºÚÁÏ´«ËÍÃÅ Booth’s Randall Kroszner discusses Federal Reserve chair nominee Kevin Warsh and his views on lowering interest rates.
January 31, 2026 | The New York Times
ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach offers advice to keep your New Year’s resolutions, including to focus on what you’ve already accomplished instead of what remains to be done. “When you feel like you’re far from your goal, it’s harder to respond to setbacks,” Fishbach says.
January 30, 2026 | The New York Times
ºÚÁÏ´«ËÍÃÅ Booth’s Randall S. Kroszner weighs in on his former Federal Reserve colleague Kevin M. Warsh’s nomination for Fed chair.
January 30, 2026 | Associated Press
Federal Reserve chair nominee Kevin Warsh has “a judicious temperament and both the intellectual understanding but also the hopefully diplomatic talents to navigate what is a challenging position at this point,” according to ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan.
January 30, 2026 | Fortune
“If an investor wants to hold a market portfolio, which is what indexers like BlackRock, Vanguard, and State Street want to do, firms have to offer alternatives,” ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan says.
January 29, 2026 | Forbes
“If you had two good funds and then a bad fund, you have some hope,” ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan says. “You’ve got to convince people that the next fund will be better.”
January 28, 2026 | Clear Admit
Clear Admit spotlights five Master in Management students who embody the program’s intellectual rigor, curiosity, and ambition. The students share why they chose Booth as well as their advice for other students considering the program.
January 28, 2026 | The Economic Times
ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan says India’s 2026–27 budget “should be integrated with a longer-term vision” to make the country more resilient, more economically independent, and faster growing.
January 27, 2026 | Fox 32 ºÚÁÏ´«ËÍÃÅ
“Obviously, it doesn’t make sense to have 15 different channels like this,” ºÚÁÏ´«ËÍÃÅ Booth’s Jean-Pierre Dubé says of Amazon’s decision to close its brick-and-mortar Go and Fresh stores. “Amazon’s online grocery is just more aligned with its broader strategy of improving the delivery experience.”
January 27, 2026 | Forbes
Research by ºÚÁÏ´«ËÍÃÅ Booth’s Nicholas Epley finds that people often avoid self-disclosure, even though it can be beneficial.
January 24, 2026 | Upworthy
Studies by ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach find that while positive feedback about one’s commitment to a goal increases motivation, positive feedback about one’s progress decreases motivation.
January 23, 2026 | Financial Times
ºÚÁÏ´«ËÍÃÅ Booth’s Anil Kashyap discusses how finance executives are responding to President Trump’s unpredictability.
January 22, 2026 | The Atlantic
Those who are most likely to overcome rejection embrace discomfort, says ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach. They reframe it as “a sign that I’m pushing myself, that I am doing something new, that I’m developing as a person.”
January 16, 2026 | The New York Times
ºÚÁÏ´«ËÍÃÅ Booth’s Anil Kashyap weighs in on the Justice Department’s criminal investigation into Federal Reserve chair Jerome Powell.
January 15, 2026 | Crain’s ºÚÁÏ´«ËÍÃÅ Business
Venture capital funding in ºÚÁÏ´«ËÍÃÅ fell to a seven-year low in 2025. “The AI push has disproportionately favored California, and New York has become another hotbed,” says ºÚÁÏ´«ËÍÃÅ Booth’s Ira Weiss.
January 14, 2026 | Kiplinger
Research by ºÚÁÏ´«ËÍÃÅ Booth’s Erik Hurst and his co-author finds that people spend less on food in retirement because they are more price conscious while grocery shopping and dining out.
January 14, 2026 | The Economist
The “inelastic markets hypothesis” from ºÚÁÏ´«ËÍÃÅ Booth’s Ralph Koijen and Harvard’s Xavier Gabaix—which says that stock demand does not fall as prices rise—suggests that arbitrageurs, such as hedge funds, have a weaker effect on markets than commonly thought.
January 12, 2026 | Project Syndicate
“With the U.S. economy buoyant today and inflation still high, now would be the time for the Fed to reduce its holdings,” writes ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan in an opinion column.
January 12, 2026 | The Economic Times
ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan discusses the Federal Reserve’s approach toward inflation and the economy’s growing investment in AI.
January 9, 2026 | Go Banking Rates
A wide range of consumer products were reduced in package size by a median of 11 percent between 2006–18, providing evidence of “shrinkflation,” according to research published by ºÚÁÏ´«ËÍÃÅ Booth’s James M. Kilts Center for Marketing.
January 8, 2026 | Bloomberg Markets: The Close
ºÚÁÏ´«ËÍÃÅ Booth’s Raghuram Rajan discusses the state of the economy and what to expect from the Federal Reserve heading into 2026.
January 5, 2026 | Fortune
In a working study, ºÚÁÏ´«ËÍÃÅ Booth’s Anders Humlum found that productivity among employees in Denmark using AI tools only improved by 3%. “In the real world, many tasks are not as easy as just typing into ChatGPT,” he says.
January 5, 2026 | Fast Company
“New technologies come, and they’re transformative, and that drives a lot of investment,” ºÚÁÏ´«ËÍÃÅ Booth’s Steven Kaplan says of AI.
January 4, 2026 | The Washington Post
ºÚÁÏ´«ËÍÃÅ Booth’s Ayelet Fishbach offers advice for making New Year’s resolutions, including to choose ones that you will enjoy and reframe them as something positive.
January 3, 2026 | The New York Times
In a new working paper, ºÚÁÏ´«ËÍÃÅ Booth’s Brent Neiman and Harvard’s Gita Gopinath estimate that U.S. importers took on 94 percent of tariff costs in 2025.
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