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Mark Calabria

Regulatory Capture

Capture and Ignorance in Financial Regulation

The most fruitful avenue for reducing regulatory capture is to impose more checks-and-balances on our agencies, reversing recent trends toward expediency. After spending some years...
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Regulatory Capture

Preventing Regulatory Capture

When a regulation’s benefits exceed its costs, simplicity and interdisciplinary processes are essential to reducing capture. Regulatory capture arises when regulatory decisions advance private interests...
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ESG

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi
Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...
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Academic Capture

Academic Bias Under the Microscope

Andy Shi
That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...
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Money in Politics

Corporations Are Not “We the People”

Geoffrey R. Stone
The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.
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Antitrust and Competition

Too Many Economists Are Using a Flawed Theory To Defend Dominant Platforms’ Self-Preferencing Practices

David J. Balan
Congress is currently considering two major bills that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills...
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Antitrust and Competition

Unfair Methods of Competition

Cory Doctorow
The FTC’s new policy on unfair methods of competition is an assertion of the original purpose of the agency, allowing it to...
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News

Event Notes: Whose Business is Health?

Will Macheel
On Oct.14, the Hopkins Business of Health Initiative hosted a panel discussing if and how companies should consider the health implications of...
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Antitrust and Competition

Why Disruptive Innovation Has Declined Since 2000

James Bessen
Traditional accounts of the growing power of large firms implicate antitrust or political corruption. But in a recent book, economist James Bessen...
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ProMarket 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 Policy.

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