Rob's Pick: The Worst Thing About the Federal Government
THE RUSTANDY MONTHLY ISSUE 4: MARCH 2020
In a new
series of essays from
The Regulatory Review, policy experts explore one of the worst things about the way the federal government operates—the fact that lawmakers have to make the rules before they know what's going to work. The essays, one of which is by my colleague Prof. John List, focus on policy experiments and how the old way of thinking about policy making is eroding for the better.
Robert Gertner is the Joel F. Gemunder Professor of Strategy and Finance and the John Edwardson Faculty Director of the Rustandy Center
About 15 years ago, a team of four Booth professors
designed a system for Feeding America to get large quantities of donated food to the right food banks across America in a timely manner. Now the marketplace they created to match each truckload with the food bank that needed it most is doing what markets do—evolving. In
this Chicago Booth Review article, Booth Prof. Canice Prendergast talks about the role research played in creating the original idea, how the innovation works, and why the professors now need to tweak the design.
Christina Hachikian, AB ’02, MBA ’07, is the executive director of the Rustandy Center and an adjunct associate professor of strategy