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Chicago Booth Review
@chicagoboothreview.bsky.social
Research-driven insights on business, policy, and markets. A Chicago Booth publication. https://www.chicagobooth.edu/review

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Pinned
The Trump tax cuts’ benefits were outweighed by lost revenue, according to an analysis by Harvard’s Gabriel Chodorow-Reich, Princeton’s Owen Zidar (@omzidar.bsky.social), and Chicago Booth’s Eric Zwick. www.chicagobooth.edu/review/trump...
@princetonecon.bsky.social #econsky
The Trump Tax Cuts’ Benefits Were Outweighed by Lost Revenue
With some of the law’s provisions set to expire, research offers lessons for lawmakers.
www.chicagobooth.edu
Reposted by Chicago Booth Review
Can AI tell the difference between unnecessary care and essential treatment? Millions of Americans covered by Medicare are about to find out
Medicare is experimenting with having AI review claims – a cost-saving measure that could risk denying needed care
The pilot, launched in January 2026 in 6 states, could reduce wasteful spending, but increases provider paperwork and risks patient access to necessary care.
buff.ly
February 5, 2026 at 6:22 PM
Reposted by Chicago Booth Review
Interesting to think about prevention vs. promotion focus as applied to romantic relationships. Jealousy = protect relationships from threats. journals.sagepub.com/doi/abs/10.1...
February 5, 2026 at 4:06 PM
Accessible, cheap trading might seem like a good thing.

But it can actually be bad, particularly for the least sophisticated investors, according to research.

www.chicagobooth.edu/review/high-... #econsky
The High Price of Cheaper Stock Trades
Cutting costs had a surprising effect for retail investors, particularly the least sophisticated ones.
www.chicagobooth.edu
February 4, 2026 at 6:37 PM
"Yes, the Fed should have a large measure of independence—about the same degree it has now—but maintaining that independence will require a narrower focus, a stronger set of rules, and a smaller set of tools ..."

www.chicagobooth.edu/review/2026/... #econsky
Does the US Need an Independent Fed?
Independence only works if the central bank has a narrow scope.
www.chicagobooth.edu
February 3, 2026 at 6:46 PM
Reposted by Chicago Booth Review
We recently polled our Finance Experts Panel on Housing Affordability. The confidence-weighted answer to the 1st question is as follows: kentclarkcenter.org/surveys/hous...
February 3, 2026 at 4:26 PM
Should the Fed modify its 2 percent inflation interpretation of its “price stability” mandate?

Should it aim for zero inflation or a steady price level?

www.chicagobooth.edu/review/quest... #econsky
The Questions Any New Fed Chair Has to Answer
A good central banker needs views on much more than interest rates.
www.chicagobooth.edu
February 2, 2026 at 7:32 PM
Reposted by Chicago Booth Review
We recently polled our US Economic Experts Panel on ACA Subsidies. The confidence-weighted answer to the 1st question is as follows: kentclarkcenter.org/surveys/aca-...
February 2, 2026 at 3:02 PM
Reposted by Chicago Booth Review
New research by Soeren J. Henn and James Robinson challenges common views of pre-colonial Africa. Decentralized political systems prioritized local communities and shaped economic institutions around shared goals rather than centralized control or personal accumulation.

🔗 https://ow.ly/7aXE50Y5shY
Africa as a Success Story: Political Organization in Pre-Colonial Africa | Becker Friedman Institute
Social science research has long credited the emergence of politically centralized states with the development of institutions that enhance public good provision and better development outcomes, as well as allowing for the ability to fight wars, collect taxes, conduct international trade, manage natural resources, and otherwise respond to the demands of both state leaders and Read more...
ow.ly
January 30, 2026 at 3:55 PM
“In terms of who’s paying for more of it, it’s disproportionately, almost entirely so far, on the US side,” says Chicago Booth’s Brent Neiman.

www.chicagobooth.edu/review/whos-... #econsky
Who’s Paying for the Tariffs? Mostly US Residents
The highest duties in a century have hiked costs for US manufacturers and remade trade patterns.
www.chicagobooth.edu
January 29, 2026 at 6:17 PM
Is the US Federal Reserve’s independence a pillar of democracy or a convenient shield that allows elected officials to duck their responsibilities?

www.chicagobooth.edu/review/2026/... #econsky
Capitalisn’t: Who Should the Fed Answer To?
Former Deputy Governor of the Bank of England Sir Paul Tucker discusses central bank autonomy.
www.chicagobooth.edu
January 28, 2026 at 7:27 PM
Reposted by Chicago Booth Review
We recently polled our US Economic Experts Panel on Venezuela. The confidence-weighted answer to the 3rd question is as follows: kentclarkcenter.org/surveys/vene...
January 27, 2026 at 2:52 PM
"I think there's a lot of information that's coming out of the app because it's capturing their own information, but it's translating it into a way that is then useful for them for their decision-making."

www.chicagobooth.edu/review/podca...
Can Technology Make Us Smarter?
Chicago Booth’s Pradeep K. Chintagunta talks about his research on the effect of technology on small business owners.
www.chicagobooth.edu
January 21, 2026 at 7:37 PM
Reposted by Chicago Booth Review
It's not about the money! (Especially in Hindi) I did an interview about why money is more powerful in the US than China or India. I also point with both fingers! 😆
youtube.com/watch?v=JuJx...
@chicagoboothreview.bsky.social
January 21, 2026 at 5:04 PM
"A lot of the judgment-oriented tasks we’re actually seeing being handled by midlevel accountants or senior accountants, and the reason why is because those are relatively more complex skills."

www.chicagobooth.edu/review/whats... #econsky
What’s Causing People to Opt Out of Accounting Careers?
Research from Chicago Booth’s Anthony Le suggests the nature of the job has changed.
www.chicagobooth.edu
January 20, 2026 at 9:48 PM
Reposted by Chicago Booth Review
We recently polled our US Economic Experts Panel on Venezuela. The confidence-weighted answer to the 2nd question is as follows: kentclarkcenter.org/surveys/vene...
January 20, 2026 at 4:15 PM
“The model provides a framework into which local expertise and perspectives can be readily incorporated,” the researchers write.

www.chicagobooth.edu/review/eight... #econsky
Eight Treatments That Could Save the Lives of Mothers and Newborns
Researchers evaluated interventions at a community health program in rural Somalia.
www.chicagobooth.edu
January 16, 2026 at 6:08 PM
Research suggests one in five people holds a credit-card balance and a savings account, which effectively means they are paying to borrow their own money.

What would it take to change their behavior?

www.chicagobooth.edu/review/podca...
Could Using Credit Cards More Save You Money?
Research suggests one in five people is effectively paying to borrow their own money.
www.chicagobooth.edu
January 15, 2026 at 7:31 PM
Reposted by Chicago Booth Review
🇻🇪 At a recent Policy Outlook event, experts @chrisblattman.bsky.social, @profpaulpoast.bsky.social, Ryan Kellogg, and @rebeccajaynewolfe.bsky.social examined Venezuela after Maduro, exploring political transition, economic challenges, humanitarian needs, and what comes next. https://har.rs/49BXXuT
Policy Outlook Event Explores Venezuela After Maduro: What Comes Next?
Just days after the Trump administration captured Venezuelan leader Nicolás Maduro in a surprise military operation, a University of Chicago Harris School of Public Policy panel explored the complex issues shaping what's ahead for Venezuela and the Unit...
har.rs
January 14, 2026 at 4:55 PM
How important is independence at the US Federal Reserve?

"I'm not so sure that the markets trust the politicians more than they trust the Fed. They may not love the Fed, but I'm not so sure that they trust the politicians more."

www.chicagobooth.edu/review/podca...
Trumponomics: Will the White House Wage War on the Fed?
Chicago Booth’s Randall S. Kroszner discusses whether the Fed and the White House are on a collision course.
www.chicagobooth.edu
January 12, 2026 at 7:18 PM
Reposted by Chicago Booth Review
This paper by Yan et al. uses interpretable AI to accurately predict waste heating value, highlighting moisture and plastics as key factors. Supports sustainable waste-to-energy strategies. spkl.io/63328AWiNy #WasteToEnergy #AI #Sustainability
January 12, 2026 at 6:00 PM
Reposted by Chicago Booth Review
How did Operation Absolute Resolve reshape U.S.–Venezuela dynamics and what’s next for energy markets and foreign policy? 🇻🇪🇺🇸 Join UChicago experts Blattman, Kellogg & Poast with moderator Rebecca Wolfe for a wide-ranging panel discussion. https://ow.ly/PUoJ50XU3Sm
January 9, 2026 at 3:48 PM
“It’s not enough to simply know about a culture, you do actually need some amount of openness and exchange for this to run deep enough that it’s influencing how people are thinking,” says @thomastalhelm.bsky.social.

www.chicagobooth.edu/review/young...
Young Chinese People Have Become Bicultural
There are signs that the culture has changed since 1978’s Reform and Opening policy.
www.chicagobooth.edu
January 9, 2026 at 2:11 PM
Reposted by Chicago Booth Review
The US is losing blue-collar jobs for the first time since the early pandemic—year-on-year job losses have hit 145k as manufacturing, transportation, & mining industries lose jobs at a rapid pace while growth in construction has nearly zeroed out
January 9, 2026 at 1:58 PM
Reposted by Chicago Booth Review
Today's #JobsReport tells us the economy is decidedly weaker than a year ago:
-unemployment rate is 4.4%, up from 4.1% last Dec
-payroll employment up 50k; total gain this year only 585k compared to 2.0 million in 2024
-federal employment is down 277k since Jan, a loss of 9.2% federal jobs
#EconSky
January 9, 2026 at 1:47 PM