What do companies owe their communities?
What are companies’ responsibilities to their local communities, how should they go about fulfilling them, and how should we reconcile those responsibilities with the rights of shareholders?
The latest
Line of Inquiry: Ayelet Fishbach on learning from failure
Failure need not be a total loss, we're told, because we can learn from it and apply those lessons in the future. But do we?
Business Practice: Dealing with a colleague’s bad idea
You feel your teammates have devised a shaky strategy. Can you avoid guilt by association?
Why do some companies ignore new technology?
The economic environment during which institutions emerge may have long-lasting effects on both culture and willingness to adopt valuable new offerings.
When saying ‘I’m sorry’ and ‘thank you’ makes a big difference
Thanking, apologizing, bragging, and blaming share a subtle social relationship.
Data Point
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When students are matched to schools, who wins?
Economics is changing how public schools and students choose each other.
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How to speed up the next medical breakthrough
Research is uncovering policies that can encourage for-profit innovators to tackle high-impact problems.
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Sendhil Mullainathan says AI can counter human biases
The Roman Family University Professor of Computation and Behavioral Science at Chicago Booth explains why AI’s impact on equity will ultimately be a social question, not a technological one.
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Overcome the odds to become a great boss
Remember that the people who work for you are human.
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How low interest rates can hurt competition, and the economy
They help big companies more than small ones, depressing investment and productivity.
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Why the big banks aren’t safe yet
Banking and accounting rules need to synch up.