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Perverse Incentives Have Ruined America’s Railroads

Thomas Malthouse explores the skewed financial models that lead American railroads to underinvest in maintenance and profitable expansion, producing delays, derailments, and environmental catastrophes such as those that occurred in East Palestine, Ohio, in 2023.

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When Does Mandatory Price Disclosure Lower Prices?

The Korean Air-Asiana Airlines Merger Shows How Rational Actors May Produce Irrational Outcomes

A 40-year Bipartisan Tech Policy Success Story

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Perverse Incentives Have Ruined America’s Railroads

Recent Authors

When Does Mandatory Price Disclosure Lower Prices?

The Korean Air-Asiana Airlines Merger Shows How Rational Actors May Produce Irrational Outcomes

A 40-year Bipartisan Tech Policy Success Story

Repercussions From Florida’s Stop WOKE Act Show Investors Value DEI

The NCAA Antitrust Lawsuits Will Not Pay Off for College Athletes Without a Permanent Players Association

Exxon’s Suit Against Its Own Shareholders Threatens Valuable Bargaining

Is Democracy Relevant to the Way We Govern Public Companies?

Marshall Forum 2024: The New Chicago Economics

The Costs of India’s Mandatory Corporate Social Responsibility Rule

Featured Stories

When Does Mandatory Price Disclosure Lower Prices?

The Korean Air-Asiana Airlines Merger Shows How Rational Actors May Produce Irrational Outcomes

A 40-year Bipartisan Tech Policy Success Story

Repercussions From Florida’s Stop WOKE Act Show Investors Value DEI

Upcoming Events

The NCAA Antitrust Lawsuits Will Not Pay Off for College Athletes Without a Permanent Players Association

Exxon’s Suit Against Its Own Shareholders Threatens Valuable Bargaining

Is Democracy Relevant to the Way We Govern Public Companies?

Marshall Forum 2024: The New Chicago Economics

The Costs of India’s Mandatory Corporate Social Responsibility Rule

Determination Committees Deciding on Credit Event Decisions Should Bolster Independence

Upgrading America’s Electricity Market Requires Downgrading Monopoly Utilities

Minority and Labor Representation Helps Worker Welfare and Productivity

Federal Legislation, Not the NCAA Antitrust Settlements, Should Drive a New Model of College Sports

Four Strengths of the Government’s Lawsuit Against Live Nation-Ticketmaster: Part II

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ProMarketInsights shaping the future of capitalism