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THE MBA ELITE AND LIMITS OF CAPITALISM with Duff McDonald & Luigi Zingales

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Gleacher Center - Room 621

450 North Cityfront Plaza Drive

Chicago, IL 60611

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Join us for a conversation with author and journalist Duff McDonald and Luigi Zingales, Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business, on McDonald's latest book, The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite.

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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 has failed with respect to the stated goal of its founders: "the multiplication of men who will handle their current business problems in socially constructive ways." While HBS graduates tend to be very good at whatever they do, that is rarely the doing of good. Has the school failed at reaching the goals it set for itself? And is HBS therefore complicit in the moral failings of Western capitalism?

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

5:00 p.m. Reception
5:30-7:00 p.m. Conversation and Book Signing

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Gleacher Center - Room 621

450 North Cityfront Plaza Drive

Chicago, IL 60611

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