While politics in the United States has become polarized, Americans may hold less extreme views than many people realize. Political scientists describe a “purple America,” a large moderate middle ...

Clifford S. Asness landed at Goldman Sachs after earning his PhD from Chicago Booth in 1994. Goldman asked him to set up a “quantitative research desk” and Asness quickly hired two friends, Robert ...

The Center for Applied Artificial Intelligence achieves impact at scale. CAAI is transforming our understanding of AI as applied to business and society. We develop insights and tools to solve ...

John Edwardson, a veteran businessman with a successful track record at such industry giants as Northwest Airlines, Ameritech, and United Airlines, was most regarded for his achievements as chairman ...

Quantitative easing (QE) shortens the duration of the consolidated public balance sheet by swapping long-term government bonds for short, floating-rate liabilities, thereby shifting interest-rate risk ...

Rising government debt levels around the world are raising the specter that authorities might seek to inflate away the debt. In theoretical settings where fiscal policy “dominates” monetary policy, ...

UChicago researchers are engaged in a series of projects to better understand the impact of the COVID-19 crisis on small businesses and households.

Since 1967, all French firms with more than 100 employees have been required to share a fraction of their excess profits with their employees. Through this scheme, firms with excess profits distribute ...

We support game-changing social impact research—and then share those findings with people who are tackling big problems.

Within months of COVID-19’s first emergence in China, the World Health Organization admitted it was battling, alongside the pandemic, something nearly as dangerous and certainly as complicated: a ...

Facebook founder and CEO Mark Zuckerberg isn’t your typical office worker. He was No. 3 on the 2020 Forbes list of the richest Americans, with a net worth of $125 billion, give or take. But there’s at ...

When Georgia governor Brian Kemp signed into law in late March a bill containing new regulations about when and how people could vote in the state, it elicited great consternation from opponents ...