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Campaign Financing Capture Index: Candidates on Fundraising Spree Attract Millions from Big Donors

With Marco Rubio out of the race, Ted Cruz is now the candidate with the largest fraction of political contributions over $5,000. Before dropping...
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Uncategorized

Stigler Center Survey Reveals: Majority of Americans Concerned About the Influence of Campaign Donors on Candidates

Survey: 57 percent of Americans believe candidates who take money from big businesses, unions and special interest groups are under their control. In the past...
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Rent seeking

Is Fraud in the Financial Sector a “Bug” or a “Feature”?

Study: 7 percent of financial advisers have misconduct records - 44 percent are hired within a year. A new paper by Mark Egan, Gregor Matvos...
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Uncategorized

Campaign Financing Capture Index

The first part of the new project by the Stigler Center on the influence of money on politics: of the remaining presidential candidates, Marco...
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Regulatory Capture

Stigler Fellow of the Month: Beyond the Traditional Capture Theory

Harvard Business School's Rafael Di Tella is "Stigler Fellow of the Month". He talks about how any theory of regulation should consider the roles...
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Rent seeking

Study: Politically Connected Private Equity Firms Hire More, Fire Less in Order to Help Incumbent Politicians

Private equity firms are not often associated with job gains. A new paper by Mara Faccio and Scott Hsu reveals the political dynamics that lead...
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Latest news

Development

Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected

Pinelopi Koujianou Goldberg, Gaurav Chiplunkar
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...
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Fiscal Policy

Biden’s Second-Best Economic Agenda

Walter Frick
Efficiency is out and political economy is in. But what does that imply about making good policy?
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Monetary Policy

The Fed and Bank Failures

Raghuram Rajan, Viral V Acharya
Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...
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Antitrust and Competition

Self-Preferencing Theories Need To Account for Exploitative Abuse

Patrice Bougette, Oliver Budzinski, Frédéric Marty
Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...
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Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
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ESG & Corporate Governance

History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure

Ethan Rouen, Kunal Sachdeva, Aaron Yoon
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
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Regulation

Letters that Matter: How Interest Groups Shape Financial Legislation

Renée Adams, Thomas Mosk
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
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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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