ProMarket writers

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...

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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Capitalism Does Not Require a Tradeoff Between Planet and Profit

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

Academic Bias Under the Microscope

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

Corporations Are Not “We the People”

The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.

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

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

Unfair Methods of Competition

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

Event Notes: Whose Business is Health?

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

Why Disruptive Innovation Has Declined Since 2000

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