Kellogg in the News

Mic

This one mistake stops you from getting rich and achieving your biggest goals – 09/25/17
Article quotes Professor Moran Cerf about humans’ ability to be forward-thinking. Our brains are equipped to think deliberately about future-looking abstract concepts — if we make the effort, he said.

New York Times

When a Drug Coupon Helps You but Hurts Fellow Citizens – 09/25/17
Article discusses how using coupons that cause consumers to switch away from a generic drug, with an overall lower cost, to a brand-name drug may be playing a role in raising drug spending and premiums for others. According to a study co-written by Research Assistant Professor Christopher Ody, “the coupons for drugs with generic competition are responsible for several billion dollars of additional drug spending per year.”

CNN

Which country has the best healthcare? – 09/23/17
Video clip features Professor Craig Garthwaite following up from an article published last week that asked experts in health care and economics to rate various national health care systems. Garthwaite gives explanations for the choices he and the other panelists made, as they awarded Switzerland with the best system.

Forbes

On NAFTA, The Trump Administration Is Wrong Yardstick – 09/22/17
Article by Adjunct Lecturer Phil Levy takes a look at renegotiation talks occurring over the North American Free Trade Agreement, noting that the Trump administration “are trying to comprehend a global trading landscape while blinkered by focus on bilateralism.”

WGN Radio

Wintrust Business Lunch 9/21/17: A $100M Grant, Teddy Ruxpin Reboot, & Chicago Half Marathon – 09/21/17
Radio segment features Professor Kara Palamountain discussing being a finalist for the MacArthur Foundation’s 100andChange program that grants $100 million to the winner, which will be announced in December. Palamountain works with N.E.S.T, which is an organization that helps to improve newborn survival in Africa.

WGN-TV

GOP health care bill faces opposition from Jimmy Kimmel, Illinois Democrats – 09/21/17
Article discusses the opposition to the repeal of Obamacare that is set to be vote on next week, highlighting certain aspects of the proposed bill, quoting Professor Amanda Starc on how the bill would redistribute money from some states to other states. “The idea being states can have the flexibility to decide what to do with the money, which will now be distributed in one funding stream.”

Poets & Quants

New MBA Courses At Top Business Schools – 09/20/17
Article takes a look at the trend that as the world changes and progresses, business schools change and progress as well, usually in the form of courses. It notes that Kellogg is offering 11 new courses this year.

Inc.

This Neuroscientist Thinks He Knows the Future of Human Evolution, and It Will Surprise and Inspire You – 09/19/17
Article features key insights from Professor Moran Cerf on the future of human evolution. Cerf noted in his most recent TEDx Talk that humans are gaining control over their own evolution because “advances in technology are making it so that it is driven by us.”

The New York Times

While Premiums Soar Under Obamacare, Costs of Employer-Based Plans Are Stable – 09/19/17
Article explains the sharp contrast between the fast rising price of health insurance premiums in many marketplaces and the remarkably stable cost over the past year of coverage for the large number of people who are insured through their jobs. About 151 million people are covered through their employer, quoting Professor Craig Garthwaite on “a remarkable stubborn stability” that characterizes the insurance environment for many companies.

Vox

Graham-Cassidy's cuts are confusing. Let’s make them simple. – 09/19/17
Article discusses why many Senate Republicans still have yet to decide on the Graham-Cassidy healthcare bill, noting that many are still “looking at the numbers” of the funding. Taking a look at DSH funding in particular, Professor Craig Garthwaite notes that the very existence of this provision is “admitting that this is gonna increase the number of people who are uninsured and those people are still gonna go to the hospital.”

Chicago Tribune

Ingredion CEO is latest Chicago-area female CEO to leave post – 09/18/17
Article discusses how Ilene Gordon, the Ingredion CEO, will retire from the company next year, further thinning the amount of top female executives of large corporations in the Chicagoland area. Although this trend may be occurring in Chicago, across all Fortune 500 companies the number of female CEOs increased this year; however, Professor Megan Kashner said it’s too early to say whether the increase this year is a trend reflecting any real progress.

The New York Times

The Best Health Care System in the World: Which One Would You Pick? – 09/18/17
Article takes a look at 8 health care systems from countries around the world, noting the varying approaches they have taken, all with the commonality of universal coverage. In order to chose the “best” health care system, the authors staged a small tournament that was judged by a panel made up of experts in the field, including Professor Craig Garthwaite.

Poets & Quants

B-School Bulletin: Gender Wars & More – 09/17/17
Article features a round-up of the top news from b-Schools across the country, featuring two Kellogg Insight articles. First, Professor Jörg L. Spenkuch’s research about the role of money in politics is highlighted, noting that they found no evidence that campaign contributions in the U.S. produce big benefits for corporations. Professor Daniel Barron and Professor Michael Powell’s research, about how hiring the wrong person for a job may be the right move, is also featured.

WGN Radio

Brian Noonan Show 9/17/17: Luke’s Lobster and how to have a successful marriage – 09/17/17
Radio segment features Professor Eli Finkel as he discusses how to have a successful and fulfilling marriage based on his recent research findings. Also discussed in Business Insider.

Business Insider

The iPhone X could convince more people to buy the iPhone 8 Plus – 09/15/17
Republished from Fortune, an article by Professor Mohanbir Sawhney discusses the release of Apple’s iPhone X and iPhone 8, noting the steep price increase of the iPhone X and speculating that the iPhone X may play a role in making the iPhone 8 Plus more reasonable to consumers, therefore driving its sales.

Forbes

Bitcoin Beware: The Empire May Strike Back – 09/15/17
Article by Adjunct Professor Phil Levy discusses the struggles Bitcoin has recently faced as China continues to crack down on virtual currencies. Levy further takes a look at multiple problems associated with Bitcoin, including the difficulty of regulating digital currencies.

Forbes

Barrels, Crates And The Wisdom Of Norman Rockwell – 09/14/17
Article by Adjunct Lecturer Paul Earle takes a look at the creation story of Crate & Barrel, noting that the founder, Gordan Segal, who is also a Kellogg alum, was intently aware of his surroundings, making a simple observation that launched a billion-dollar company.

Fortune

Why Most of Us Will Buy the iPhone 8 Plus Over the iPhone X – 09/14/17
Article by Professor Mohanbir Sawhney discusses the release of Apple’s iPhone X and iPhone 8, noting the steep price increase of the iPhone X and speculating that the iPhone X may play a role in making the iPhone 8 Plus more reasonable to consumers, therefore driving its sales.

Harvard Business Review

Sales Bonuses are Supposed to Motivate, so don’t Waste Them on Easy Targets – 09/14/17
Article by Professor Andris Zoltners says that many of the commissions and bonuses companies pay salespeople aren’t truly at risk, and as a result, the company may be spending money in ways that produce little in the way of extra effort or motivation.

New York Times

Blaming Medicaid for the Opioid Crisis: How the Easy Answer Can Be Wrong – 09/12/17
Article discusses the theory that Medicaid expansion is causing the opioid crisis and how this idea is gaining prominence amongst American politicians, quoting Professor Craig Garthwaite on the possibility of this being true.