Why current accounting rules could stop banks from lending
Chicago Booth’s Haresh Sapra says that at a time when lending is crucial to keeping companies afloat, we should be careful not to repeat our past mistakes.
The latest
The crisis should not delay stricter accounting rules
Haresh Sapra says don’t put off new loan-loss standards; pair them with revised capital requirements.
How politicians and companies can regain trust
Crises are when credibility becomes paramount, says Chicago Booth’s Haresh Sapra.
Policy makers’ COVID-19 accounting gift to banks
Banks shouldn’t get relief from a controversial standard meant to discipline risk taking.
How small businesses could miss out on stimulus funds
Chicago Booth’s Michael Minnis says a program designed to help small businesses retain employees may give a competitive edge to particular companies.
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Could anything unite the United States?
Cultural and political divisions have persisted for decades. Now there’s a growing gap in how Americans see each other.
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How racial bias infected a major health-care algorithm
A design decision resulted in significant disparity in who was identified for enrollment in a care-management program.
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The populism puzzle
What caused the uprising that has transformed global politics?
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States are already paying for unfunded pensions
Large, unfunded state pension liabilities are a costly problem—and the cost is already reflected in current bond prices.
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Is there a culture problem among startups?
Chicago Booth’s Steve Kaplan and Starr Marcello are joined by New York Times reporter Mike Isaac to discuss the role of corporate governance in entrepreneurship.
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Retailers underestimate the power of a penny in pricing
Many companies don’t recognize the potency of customers’ “left-digit bias.”