# Amir Sufi
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amir sufi is the Bruce Lindsay Professor of Economics and Public Policy at the University of Chicago Booth School of Business. He was awarded the 2017 Fischer Black Prize by the American Finance Association, given biennially to a financial economics scholar under the age of 40 for significant original research that is relevant to finance practice. He was awarded for his work on household debt and the financial crisis.
Trump 2025 vs. Trump 2016
Are the factors that propelled Donald Trump to power this time around broadly the same as those that helped him win his first election victory in 2015? While the circumstances are different from a decade ago, the secular societal forces that drive support for Trump are also strikingly familiar. ...
Are customers more important than revenue?
Many of us have so many subscriptions that we've lost track of them all. Companies also increasingly have subscriptions for services such as software and cloud computing. As customers, they're the source of a lot of value to providers. Chicago Booth's Amir Sufi says this "customer capital" accou ...
Rethinking Economic Inequality: a Theological Perspective
Mary Hirschfeld and Amir Sufi on March 30, 2023 at the University of Chicago Booth School of Business.
Secular discourse about the problem of economic inequality rests on two foundational premises that are problematic from a theological point of view. First, individuals enter into society with ...
If the bank won't lend to you, who will?
One of the fastest-growing parts of the financial system in the past 15 years has been private credit, that is, lending not by banks but by other financial institutions or funds that don't take deposits. The sector expanded ten fold between 2009 and 2023, to reach a value of about $2 trillion, a ...
Distribution matters: Why record inequality is a big macroeconomic problem
Princeton University economist Atif Mian says record wealth inequality has become a major macroeconomic problem. Born and raised in Pakistan, Mian came to the United States to study math and engineering at MIT, where he discovered economics and eventually earned his PhD. After the 2008 financial ...
Will private credit spark a financial crisis?
Private credit is in the news, with Wall St. titans including JP Morgan chief Jamie Dimon and Goldman Sachs president John Waldron among those expressing concerns about the sector. How worried should we be? Chicago Booth's Amir Sufi about his views on where private credit is going. Many investor ...
The Weight We Carry: Debt, Wealth and Risk in Canadian Households with Stephen Poloz
For years, Canada has been described as a stable economy. Strong banks. Disciplined policy. Rising household wealth. But underneath that stability, something else has been doing much of the heavy lifting — households.
Canadian households now carry some of the highest debt burdens in the advance ...
Why the economy is now intangible
The value of the US economy is increasingly accounted for by intangibles – things like intellectual property, brands and customer relationships. How is that changing finance and business? Chicago Booth's Amir Sufi talks to us about the rise of the intangible economy. Should advance economies aba ...
Buy, Borrow, Steal
Policymakers have a tried-and-true game plan for jump-starting the economy in times of severe recession: Push stimulus packages and lower interest rates so Americans will borrow and spend. But economist Amir Sufi says the way we traditionally address a recession is deeply flawed. He argues that ...
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