Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

 

 

Lies, Damn Lies, and Statistics. Maybe we should update the famous saying (which I always thought was Mark Twain’s, but like many great sayings, apparently is not) for the age of coronvirus: Muddles, Damn Muddles, and Models. This piece argues that the models are still useful. I’m not so sure, but it’s really well done, so see what you think. 

 

 

What is clear is that the cost of this is tragically high, and will be borne by people in very unequal ways.

 

 

On a totally different note! Did you know that Ocean’s Eleven was based on a true story? Well, no. But this could have provided some inspiration: Truth is both stranger and more horrible than fiction could ever be. 

 

 

The ProMarket blog is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Blog Policy.