THE MBA ELITE AND THE LIMITS OF CAPITALISM with Duff McDonald & Luigi Zingales
Stigler Center for the Study of the Economy and the State
Harry L. Davis Center for Leadership
January 18, 2018: 5:00 PM - 7:00 PM
Join the Stigler and Davis Centers for a conversation with author and journalist Duff McDonald and professor and author Luigi Zingales, on McDonald's book, The Golden Passport.
450 North Cityfront Plaza Drive
5:00 PM - 5:30 PM: Reception
5:30 PM - 7:00 PM: Conversation and Book Signing
Join the Stigler and Davis Centers at Chicago Booth for a conversation with author and journalist Duff McDonald and professor and author Luigi Zingales, on McDonald's latest book, The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite.
A Harvard Business School (HBS) degree is, as the New York Times proclaimed in 1978, "the golden passport to life in the upper class." Harvard MBAs are near-guaranteed entrance into Western capitalism's most powerful realm—the corner office. McDonald reveals how, despite HBS's enormous success, it may fall short in its mission to "educate leaders who make a difference in the world." How does HBS actually instill this sense of lofty leadership in their students, and can they accurately claim their graduates are making a difference in the world – specifically a positive difference? With growing concerns about economic inequality and growing political unrest, has the school and its graduates used their significant influence to shape society for the better?
Duff McDonald is a longtime business journalist. He has written for Vanity Fair, The New Yorker, New York, Esquire, Fortune, Business Week, Conde Nast Portfolio, GQ, WIRED, Time, Newsweek, and others. His previous books include The Firm: The Story of McKinsey and Its Secret Influence on American Business and Last Man Standing, a biography of Jamie Dimon, chairman and CEO of JPMorgan Chase. He lives in Brooklyn with his daughter, Marguerite. @duffmcdonald
Luigi Zingales is the Robert C. McCormack Professor of Entrepreneurship and Finance, and Charles M. Harper Faculty Fellow at the University of Chicago Booth School of Business. In July 2015 he also became the director of the Stigler Center at the University of Chicago, which promotes and diffuses research on regulatory capture and the various distortions that special interest groups impose on capitalism. Zingales received the 2003 Bernácer Prize, awarded to European economists under the age of forty who have made outstanding contributions in macroeconomics and finance. @zingales