Alex Imas is the Roger L. and Rachel M. Goetz Professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. He is a Faculty Affiliate of the Center for Applied AI and the Human Capital & Economic Opportunity, an NBER Faculty Research Associate, and a CESifo Research Network Fellow. He is also an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex studies behavioral economics with a focus on how people understand and mentally represent the choices they are facing. His research explores topics related to how people learn and make choices in settings with risk and uncertainty. He also studies the economics of artificial intelligence and discrimination. Alex’s work utilizes a variety of methods, including controlled laboratory experiments, field experiments, analysis of observational data and theoretical modeling. Alex Imas is the recipient of the 2023 Alfred P. Sloan Research Fellowship, the Review of Financial Studies Rising Scholar Award, the New Investigator Award from the Behavioral Science and Policy Association, the Hillel Einhorn New Investigator Award from the Society of Judgment and Decision Making, the Distinguished CESifo Affiliate Award, and the NSF Graduate Research Fellowship. He is the co-author, with Richard Thaler, of The Winner’s Curse: Behavioral Economics Anomalies, Then and Now (Simon and Schuster, 2025). He is an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex was born in Bender, Moldova. Previously, he was the William S. Dietrich II Assistant Professor of Behavioral Economics at Carnegie Mellon University, where he taught Behavioral Economics and Human Judgment and Decision Making. He did his PhD in economics at the University of California, San Diego and earned a BA from Northwestern University. Prior to graduate school, Imas helped found a startup and co-authored several patents as part of its intellectual property strategy. Teaching materials for The Winner’s Curse can be found here. Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, where he leads the Master’s Program in International and Development Economics at the University of San Francisco. He is also a nonresident scholar at the UCSD 21st Century China Center and an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master’s of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Guest interviewer Robizon Khubulashvili is an Assistant Professor of Economics at the University of San Francisco. His research is at the intersection of theoretical, behavioral, and experimental microeconomics. A common question in his research is, how can we use a user's revealed preferences to improve the performance of online platforms? Robizon has studied this question in two settings: when monetary incentives are missing (an online gaming platform) and when monetary incentives are present (an online gambling platform). His work suggests that heterogeneity among users is an essential consideration in designing better online platforms; that is, a policy benefiting one type of user might harm the other. Learn more about your ad choices. Visit megaphone.fm/adchoices

Never before have we been presented with the prospect of redesigning business at scale to create a more sustainable future for our planet and the people who inhabit it. As we pass the midpoint of the Sustainable Development Goals (2015–2030), the world has changed. There is not only more progress and policy but also more disagreement on the way forward. The bottom line is that the shared goals developed in 2015 will not be met, global warming will likely exceed targets, and the collective challenge will be left to a new generation. Leading the Sustainable Organization: The Quest for Ethical Brands and a Culture of Sustainable Innovation (Anthem Press, 2025) is organized as a series of business challenges and key questions that enable a transition from making legacy companies more carbon and waste efficient, to operating in fundamentally new ways. The vast majority of the new infrastructure the world will need by 2050 still needs to be built. Those challenges will not be solved by legacy companies working to protect their market position in the face of a changing world. The book offers a chapter-by-chapter guide to enable new leaders to turn challenges into opportunities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Legal Knowledge in Organizations: A Source of Strategic and Competitive Advantage (Cambridge UP, 2025) offers a step-by-step guide on how to utilize the law as a source of value in organizations. Robert C. Bird demonstrates how legal knowledge can be a valuable asset for firms, providing them with a sustainable competitive advantage that is difficult for rivals to imitate. Bird presents a five-part framework that outlines how firms can use legal knowledge in competitive markets and how they can avoid misusing it. Chapters also highlight how firms can cultivate legal knowledge and apply novel risk tools to overcome unexpected legal threats. The book emphasizes the importance of ethical values in business decisions and shows how managers and lawyers can build an ethical practice of legal knowledge that benefits both business and society. With the help of numerous visuals, this book makes it easy for readers to leverage legal knowledge and apply it to specific business contexts. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Beyond Shareholder Primacy: Remaking Capitalism for a Sustainable Future (Stanford Business Books, 2024) Hart argues that the current Milton Friedman–style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become dangerous for society, the climate, and the planet. Moreover, he maintains, it's economically unnecessary. Yet there are many reasons for hope―from the history of capitalism itself. Hart holds that capitalism has reformed itself twice before and is poised for a third major reformation. Retelling the origin story of capitalism from the fifteenth century to the present, he argues that a radically sustainable, just capitalism is possible, and even likely. Hart goes on to describe what it will take to move beyond capitalism's present worship of "shareholder primacy," including corporate transformations to re-embed purpose and reforms to major economic institutions. A key requirement is eliminating the "externalities" (or collateral damage) of the current version of shareholder capitalism. Sustainable capitalism has to explicitly incorporate the needs of society and the planet, include a financial system that allows leaders to prioritize the planet, reorganize business schools around sustainable management thinking, and enable corporations not just to stop ignoring the damage they cause, but actually begin to create positive impact. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Lily Hseuh is trained as an economist and public policy scholar, and is an associate professor in Economics and Public Policy in the School of Public Affairs, at Arizona State University. Her research bridges the fields of economics, public policy, and management to investigate how the environment and the global commons are managed and the ways in which behaviors of firms and organizations are shaped by multiple forces from markets to government policies. During her tenure at ASU, she has been a two-time recipient of the Distinguished Teaching Award, as well as receiving the Professor of Impact award Her work been featured in major news outlets, including the Financial Times, Fortune, and PBS News Hour, and recently, she was awarded an American Fellowship by the American Association of University Women. She earned her PhD in Public Policy and Management from the University of Washington, and before her just published book, she has been asked to contribute a chapter to a number of other publications and has over 20 peer-reviewed articles in such areas as:  Private And Public Interactions And Global Climate Change, Rights-Based Management And Ocean And Marine Resources, Sustainability And State And Local Governments, Participatory Governance And Social Equity Learn more about your ad choices. Visit megaphone.fm/adchoices

This is the second episode of Cited Podcast’s new season, Green Dreams. Green Dreams tells stories of radical environmental thinkers and their dreams for our green future. Should we make those dreams reality, or are they actually nightmares? For the rest of the episodes, visit the series page, and subscribe today (Apple, Spotify, RSS). An Albertan oil man and a socialist policy wonk from Saskatchewan banded together to think up “eco-development,” a precursor to today’s sustainable development. This unlikely duo forged a global consensus at the United Nations, effectively codifying the reigning orthodoxy of liberal environmental governance. They told us that capitalism and sustainability are indeed compatible. Might that be the most utopian of all green dreams? Learn more about your ad choices. Visit megaphone.fm/adchoices

Designing and Facilitating Workshops with Intentionality offers practical guidance, tools, and resources to assist practitioners in creating effective, engaging workshops for adult learners. Drawing from three key learning frameworks and the author’s considerable expertise in facilitating workshops across both educational and corporate settings, this book focuses on ten essential principles to consider when developing professional learning experiences. Whether facilitating on-site or virtually, readers will gain a deeper understanding of how to design and facilitate workshops with an inclusive mindset, thus creating meaningful, active learning opportunities that result in greater involvement among participants and better feedback. Guiding questions, chapter takeaways, and a compendium of additional online resources supply plentiful opportunities to further build and fine-tune these skills. Within these pages, both new and seasoned facilitators will find inspiration, encouragement, and support, as they craft professional learning experiences that ignite curiosity and spark growth in all learners. Our guest is: Dr. Tolu Noah, who is an educational developer at California State University, Long Beach, USA, where she designs and facilitates professional learning programs for instructors. She has 16 years of teaching experience, and she enjoys facilitating engaging workshops and keynotes about a variety of teaching, learning, and technology topics. Our host is: Dr. Christina Gessler, who is a dissertation and writing coach, and a developmental editor. She is the producer of the Academic Life podcast, and author of the show’s newsletter found at ChristinaGessler.Substack.Com. Playlist for listeners: Moments of Impact How We Show Up A Pedagogy Of Kindness Project Management Engage in Public Scholarship Leading From The Margins Diversity and Inclusion You Have More Influence Than You Think A Guide To Learning Student Names The Power of Play in Higher Education Belonging: The Science of Creating Connection Imposter Syndrome Attention Management Welcome to Academic Life, the podcast for your academic journey—and beyond! You can support the show by downloading and sharing episodes. Join us again to learn from more experts inside and outside the academy, and around the world. Missed any of the 275+ Academic Life episodes? Find them here. And thank you for listening! Learn more about your ad choices. Visit megaphone.fm/adchoices

Creating the Viewer: Market Research and the Evolving Media Ecosystem (U Texas Press, 2024) is a study of the largely hidden world of primary media market research and the different methods used to understand how the viewer is pictured in the industry. The first book on the intersection between market research and media, Creating the Viewer takes a critical look at media companies’ studies of television viewers, the assumptions behind these studies, and the images of the viewer that are constructed through them. Justin Wyatt examines various types of market research, including talent testing, pilot testing, series maintenance, brand studies, and new show “ideation,” providing examples from a range of programming including news, sitcoms, reality shows, and dramas. He looks at brand studies for networks such as E!, and examines how the brands of individuals such as showrunner Ryan Murphy can be tested. Both an analytical and practical work, the book includes sample questionnaires and paths for study moderators and research analysts to follow. Drawn from over fifteen years of experience in research departments at various media companies, Creating the Viewer looks toward the future of media viewership, discussing how the concept of the viewer has changed in the age of streaming, how services such as Netflix view market research, and how viewers themselves can shift the industry through their media choices, behaviors, and activities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inequality in the workplace impacts all areas of our lives, from health and self-development to economic security and family life. But, despite the world's richest countries' long-avowed commitments to gender equality, there is still so much to fix - and so much we don't see.With perceptive and razor-sharp insight, in Patriarchy Inc.: What We Get Wrong About Gender Equality – and Why Men Still Win at Work (W.W. Norton, 2025) award-winning author Cordelia Fine reveals how the status quo - Patriarchy Inc. - is harming us all, in our working lives and beyond. Drawing on social and cultural history, examples from hunter-forager societies to high finance and the latest thinking in evolutionary science, she dismantles the existing, inadequate visions for gender equality and charts an inspiring path towards a fairer and freer society Cordelia Fine is a Canadian-born British philosopher of science, psychologist, and writer. She is a full professor in the History and Philosophy of Science programme at the University of Melbourne, Australia. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel here  Learn more about your ad choices. Visit megaphone.fm/adchoices

For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen by Rita Gunther McGrath Inflection points, as discussed first by Andy Grove in his book, Only the Paranoid Survive, are paradigmatic shifts that lead to entrepreneurial opportunities, such as those companies like Amazon and Netflix seized, or lead to failure, if not responded to adequately as in the instances of companies like Nokia, Blockbuster, Intel, Kodak, and Xerox. Leaders must “see around corners” to identify disruption and must respond appropriately. Business School Professor and consultant Rita McGrath contends that though the disruption often seems sudden, it is not entirely random and can be anticipated. Typically, it is the result of process that has been brewing for some time. Armed with the right strategies and tools, organizational leaders can identify that a disruption is arriving and can benefit from it if they take timely steps. This book is a guide to anticipating, understanding, and capitalizing the inflection points in the lives of business. Rich in example, itprovides a structured approach to understanding and responding to the disruptive inflections every business inevitably face. Case study presentations and illustrations are central. This book is a must for navigating in a world of constant disruptions. Alfred Marcus, Edson Spencer Professor of Strategy and Technology University of Minnesota Carlson School of Management. Learn more about your ad choices. Visit megaphone.fm/adchoices

As the debate around remote versus in-office work rages on, leaders in a wide range of industries continue to implement radically flexible work practices. Though there has been some pushback, many employers are still allowing most, if not all, of their employees to work from anywhere. The reason is that they understand that geographic flexibility offers a competitive advantage: the ability to attract and retain top talent globally. In The World Is Your Office: How Work from Anywhere Boosts Talent, Productivity, and Innovation (Harvard Business Review Press, 2025) Harvard Business School professor Prithwiraj Choudhury takes us inside that have been fully committed to work-from-anywhere (WFA) policies and shows how these organizations and their employees are benefiting. WFA is s a means of hiring and retaining the best talent. Choudhury show how to best manage WFA teams, share knowledge, and combat isolation, leverage AI and automation to extend WFA into manufacturing and other deskless roles, and design programs that attract talent to different regions Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2020 murder of George Floyd sparked mass protests that challenged many institutions, including large for-profit companies, to reflect on how to address racial inequality. Large corporations began making systematic public statements to show alignment with causes that impact people of color. These statements were also used to protect corporate reputations against claims that their businesses may perpetuate racial inequality. Disclosureland: How Corporate Words Constrain Racial Progress (Cambridge UP, 2025) argues that this process and others - including corporate rhetoric that leaves out past involvement in racial inequality, using disclosures about race as evidence of action, or pulling back on disclosures about race in response to conservative pushback - constrain true racial progress. Even when corporations make pledges to hire and promote people of color or fund racial equity causes through philanthropy, the book demonstrates how these pledges function to limit corporate responsibility. Critical and corrective, Disclosureland calls on the federal government and corporate stakeholders to regulate corporate race-conscious words. Learn more about your ad choices. Visit megaphone.fm/adchoices

In our fast-changing world, leaders are increasingly confronted by messy, multifaceted challenges that require collaboration to resolve. But the standard methods for tackling these challenges—meetings packed with data-drenched presentations or brainstorming sessions that circle back to nowhere—just don’t deliver. Great strategic conversations generate breakthrough insights by combining the best ideas of people with different backgrounds and perspectives. In Moments of Impact, two experts “crack the code” on what it takes to design creative, collaborative problem-solving sessions that soar rather than sink. Drawing on decades of experience as innovation strategists—and supported by cutting-edge social science research, dozens of real-life examples, and interviews with well over 100 thought leaders, executives, and fellow practitioners— they unveil a simple, creative process that leaders and their teams can use to unlock solutions to their most vexing issues. The book also includes a 60 page “Starter Kit” full of tools and tips for putting the book’s core principles into practice. Our guest is: Lisa Kay Solomon, who is a bestselling author, strategic foresight designer, speaker, and award winning innovator. She is a Designer in Residence and Lecturer at the Stanford d.school, where she leads their futures work and teaches popular classes like “Inventing the future” and “View from the future,” that help leaders and learners learn skills to build agency and navigate ambiguity amid increasingly complex futures. She is the co-founder of award-winning civic initiatives like “Vote by Design: Presidential Edition,” The Team’s “All Vote No Play” civic programming for student athletes, and, “The Futures Happening: Democracy Edition.” She co-authored the bestselling books Moments of Impact, and Design A Better Business which has been translated into over a dozen languages. Our host is: Dr. Christina Gessler, who works as a developmental editor for scholars, and is the producer of the Academic Life podcast. Playlist for listeners: Imposter Syndrome Belonging Transforming Hispanic Serving Institutions for Equity and Justice Black Woman on Board We Are Not Dreamers: Undocumented Scholars Theorize Undocumented Life in the United States Leading from the Margins Presumed Incompetent Working Toward Diversity and Inclusion Welcome to Academic Life, the podcast for your academic journey—and beyond! You can support the show by downloading and sharing episodes. Join us to learn from experts inside and outside the academy, and around the world. Missed any of the 250+ Academic Life episodes? Find them here. And thank you for listening! Learn more about your ad choices. Visit megaphone.fm/adchoices

Lead and Disrupt: How to Solve the Innovator's Dilemma Second Edition 2nd Edition by Charles A. O’Reilly III and Michael L. Tushman The second edition of this classic analyzes why mature organizations find it so difficult to innovate. This question has become ever more important as organizations face continuous disruptive changes. O’Reilly and Tushman offer strategies for using ambidextrous organizational structures and arrangements for flexibility so that organizations can adapt to fast-changing environments and grow. The authors have worked with leaders of organizations around the world who have confronted disruptive change. Using examples from such firms such as Microsoft, General Motors, and Amazon, they illustrate how leaders can change their organization's cultures, and rely on ideation, incubation, and to create growth. The podcast also discusses Corporate Explorer: How Corporations Beat Startups at the Innovation Game by Andrew Binns, Charles A. O'Reilly, and Michael Tushman. Corporate Explorer explains how managers can become successful corporate innovators. It is a guidebook to the practices that enable managers to go from idea into action. Alfred Marcus, Edson Spencer Professor of Strategy and Technology University of Minnesota Carlson School of Management Learn more about your ad choices. Visit megaphone.fm/adchoices

Stephen Chambers of the historical consulting firm The Winthrop Group earned his BA, MA, and PhD in history. Throughout graduate school, he pursued interests in applied history—often doing the opposite (his words!) of what he was supposed to be doing as a future academic. He also wrote historical fiction and science fiction as a way to reflect on the past. Today, he is a Managing Director at Winthrop, where he works on projects ranging from curating archival collections to writing corporate histories. Stephen and I discussed his path to his current role, the evolving meanings of “applied history,” who understands its value, and why. We talked about how applied history differs from academic history and PR, and how Stephen’s passion for history inspired him to write, in the early 2000s, a pair of technodystopian fantasy novels that challenged the era’s optimistic faith in globalization and technology. Learn more about your ad choices. Visit megaphone.fm/adchoices

The ethics of the company in a highly politicized time. Businesses are increasingly social actors. They fund political campaigns, take stances on social issues, and wave the flags of identity groups. As a highly polarized public demands political alignment from the businesses where they spend their money, what's a company to do? Everyone's Business: What Companies Owe Society (University of Chicago Press, 2024) revises our understanding of business ethics in a world of unchecked corporate power. Political theorists Amit Ron and Abraham Singer show that the increasingly human-like role of companies in modern life is both the fundamental problem and inescapable fact of business ethics: corporate power makes business ethics necessary, and business ethics must strive to mitigate corporate power. Ron and Singer argue forcefully that the primary social responsibility of the modern business is to democracy, not politics. By wielding their newfound social influence on democratic institutions--elections, public debate, protest--businesses can be legitimated forces for good. Pragmatic and urgent, Everyone's Business offers an essential new framework for how we manufacture profit--and democracy--in our increasingly divided shared spaces. Amit Ron is associate professor of political science at Arizona State University. Abraham Singer is assistant professor of business at Loyola University Chicago. He is the author of The Form of the Firm: A Normative Political Theory of the Corporation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success (MIT Press, 2023) offers a roadmap to help leaders predict, understand, and react to their competitors’ moves. It is a valuable tool to help companies stay ahead of their competitors when the competition is intensifying. To make the right choice when a competitor is working hard to prevent it is difficult. This book demystifies the process. For organizations developing systematic tools to effectively predict competitor behavior, this book provides a powerful, fact-based approach to building insight into A must-read for anyone seeking to better understand their competitors. This book shares proven methods for thinking like the competition and understand why they act the way they do. The keys are cognitive empathy and an approach that focuses on why competitors behave as they do. The book presents a systematic approach to competitive intelligence that starts with frameworks that get inside a competitor’s mindset, predict their reactions and assess their actions. The book stresses the importance of collecting forward-looking, predictive data; explains how to use war games, Black Hat exercises, mock negotiations, and premortems to build competitive insight; and makes the case for creating a dedicated competitive insight function within the organization. Reading this book will enable you to anticipate how competitors will react to moves you make. It ingeniously applies lessons from archaeologists, paleontologists, NICU nurses, and homicide detectives to better gather and analyze information when it is not possible to ask direct questions; Alfred Marcus, Edson Spencer Professor of Strategy and Technology University of Minnesota Carlson School of Management. Learn more about your ad choices. Visit megaphone.fm/adchoices

Commercial art is more than just mass-produced publicity; it constructs social and political ideologies that impact the public’s everyday life. In The Fine Art of Persuasion: Corporate Advertising Design, Nation, and Empire in Modern Japan (Duke University Press, 2025), Gennifer Weisenfeld examines the evolution of Japanese advertising graphic design from the early 1900s through the 1964 Tokyo Olympics, a pivotal design event that rebranded Japan on the world stage. Through richly illustrated case studies, Weisenfeld tells the story of how modern corporations and consumer capitalism transformed Japan’s visual culture and artistic production across the pre- and postwar periods, revealing how commercial art helped constitute the ideological formations of nation- and empire-building. Weisenfeld also demonstrates, how under the militarist regime of imperial Japan, national politics were effectively commodified and marketed through the same mechanisms of mass culture that were used to promote consumer goods. Using a multilayered analysis of the rhetorical intentions of design projects and the context of their production, implementation, and consumption, Weisenfeld offers an interdisciplinary framework that illuminates the importance of Japanese advertising design within twentieth-century global visual culture. Gennifer Weisenfeld is Walter H. Annenberg Distinguished Professor of Art and Art History at Duke University. Dr. Jingyi Li is an assistant professor of Japanese Studies at Occidental College, Los Angeles. She is a cultural historian of nineteenth-century Japan. She researches about early modern Japan, literati, and commercial publishing. Learn more about your ad choices. Visit megaphone.fm/adchoices

Alibaba. Tencent. JD. Pinduoduo. Run down the list of China’s most valuable companies and you’ll find, for the most part, that they’re all e-commerce companies—or at least facilitate e-commerce. The sector created giants: Alibaba grew from just 5.5 billion renminbi of revenue in 2010 to 280 billion last year. But how did Chinese e-commerce firms shut out their foreign competition? How did they build trust in the system? Lizhi Liu answers these questions in her latest book, From Click to Boom: The Political Economy of E-Commerce in China (Princeton University Press: 2024), where she also studies whether the “Taobao villages” really worked, and how we should think about the “crackdown” on China’s tech sector in 2020 and 2021. Lizhi Liu is assistant professor at the McDonough School of Business at Georgetown University, where she is also a faculty affiliate of the Department of Government. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of From Click to Boom. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices