Brian Cheffins

Brian R. Cheffins is the S.J. Berwin Professor of Corporate Law at Cambridge University and former Chair of Cambridge University’s Law Faculty. He is a Guggenheim Fellow and a Fellow of the British Academy. Professor Cheffins has written widely on corporate law, corporate governance and business history. His latest book is The Public Company Transformed (2018).

The Rise, Survival, and Potential Fall of the Reagan-Era Antitrust Consensus

With major antitrust reform in the air, Brian Cheffins explores how and why a now highly controversial antitrust consensus that emerged under...

Why the Mid-20th Century Was Not the Golden Age of Antirust

The New Brandeisian version of American history presumes that there was a mid-20th century golden age of antitrust that was displaced by...

A Famed Economist’s Public Company U-Turn

Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...

The Most Famous Article on the Theory of the Firm is Widely Misunderstood

Michael Jensen and William Meckling’s famous 1976 Journal of Financial Economics article has been cited nearly 100,000 times and is often regarded...

Latest news

Should the European Union Require Tech Firms to Adopt a Common Charger?

According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use...

Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal

Most economists disagree with a new bill in the US that would set limits on "unconscionably excessive prices," according to a recent...

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in...

How Would the Big Tech Self-Preferencing Bill Affect Users? 

The Senate looks to be nearing a vote on the American Innovation and Choice Online Act, which would prohibit gatekeeping digital platforms...

New eBook Revisits George Stigler’s Theory of Regulatory Capture 50 Years Later

To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining...

Firms Gerrymander Ownership of Polluting Plants to Reap Public and Regulatory Benefits

New research has discovered that many companies who appear to sell, or ‘divest,’ their toxic plants, actually retain relationships with their buyers....

How Should Antitrust Deal With Facebook? A Stigler Center Panel Investigates

Panelists at the Stigler Center’s recent antitrust conference look at the antitrust case against Facebook and discuss potential theories of harm, as...