The German Art of the Deal – 03/18/17
Article by Adjunct Professor Philip Levy explains how even if one is inclined to be charitable in interpreting the President’s theories, there are layers of serious problems with the contention that trade surpluses are the result of great trade deals.
Prescription drug costs are up; So are TV ads promoting them – 03/16/17
Article examines how advertising costs for prescription drugs are increasing, quoting Professor Amanda Starc on how “Drugmakers don’t care ‘whether it’s a rare, expensive drug or a popular cheap drug’…They’re looking at the marginal return on advertising. A small number of customers spending a lot or a big number spending a little.”
The Non-Existent Trade Threat To U.S. Sovereignty – 03/14/17
Article by Adjunct Professor Philip Levy discusses how the Trump administration drew headlines in the media when it declared that a key tenet of its trade policy would be to defend U.S. sovereignty.
Crain's Chicago Business
Why the GOP's health care bill is a prescription for trouble in Illinois – 03/08/17
Article by Professor Joel Shalowitz explains how the health care plan unveiled by House Republicans to replace much of the Obama administration's Affordable Care Act will hit many Illinois residents particularly hard given the state's fiscal problems—with impact felt the most by the state's poorest citizens who would face reductions in affordability and access to care.
The dark psychology of dehumanization, explained – 03/07/17
Article explains how as anti-Muslim rhetoric increases under Trump, more Americans are seeing Muslims as less than human, highlighting Professor Nour Kteily’s research on dehumanization and how his team created a new way to measure people’s levels of blatant dehumanization of other groups.
White House Whiffs On Trade Deficit Defense – 03/06/17
Article by Adjunct Professor Phil Levy examines how points made in Director of the White House National Trade Council Peter Navarro’s recent Wall Street Journal article, “Why the White House Worries About Trade Deficits,” range from misguided to lopsided to wrong.
Poets & Quants
MBA Programs That Students Love Most – 03/05/17
Article discusses the top MBA programs that have received high marks in student satisfaction surveys from The Economist’s MBA rankings, highlighting Kellogg and quoting Associate Dean of MBA Operations Matt Merrick on how Kellogg’s program is defined by teamwork and experiential learning.