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Culture & Society

Democracy

Large Donors’ Networks Matter More Than Their Dollar Contributions

Marco Battaglini
In new research, Marco Battaglini, Valerio Leone Sciabolazza, Mengwei Lin and Eleonora Patacchini study how the deaths of large donors change candidates’ electoral results and congressional activity in a new measure of donors’ influence in American politics.
Culture & Society

Consumers Prefer AI Music Until They’re Told It’s AI

Jana Friedrichsen
Across three studies, Jana Friedrichsen, Julia Schwarz, and Michel Clement explore how generative AI will change the music industry. They find that while consumers enjoy and even prefer AI-generated music, preferences shift upon learning that the song was AI-generated.
Covid-19

When Migrant Workers Disappeared, Korean Firms and Workers Struggled

Jongkwan Lee
In new research, Jongkwan Lee, Giovanni Peri, and Hee-Seung Yang assess the effects of a sudden reduction in immigrant workers in South Korea. They find that migrant workers were not easily replaceable by natives, resulting in operational disruptions and firm closures.
Capture

How Civil Society Propagandizes the President’s Foreign Policy Agenda

Andy Shi
ProMarket Managing Editor Andy Shi interviews Virginia Tech Professor Chad Levinson about his forthcoming book, The President's Echo System: How Foreign Policy Is Sold to Americans, out June 2 at Harvard University Press.
Cultural Economics

A New Firearms Tax Design Could Reduce Homicides Without Costing Gun Owners

Luis Armona
In new research, Luis Armona and Adam Rosenberg argue that current state firearm excise taxes inadequately address gun-related crimes. They propose a tax that benefits society by targeting guns responsible for the most homicides, while accommodating the challenging political economy of firearms regulation in the United States.
Democracy

Rule of Law Backsliding May Not Hurt Trade—And Why That’s a Problem

Janka Deli
In new research, Janka Deli analyzes the relationship between the decline in the rule of law and trade. Contrary to democratic and developmental theory, she finds that declines in the rule of law, as seen in Hungary, Poland, and Czechia, do not lead to systematic reductions in trade with other EU partners.  
Culture & Society

Happiness Among Americans Plummeted During Covid. It Has Not Recovered Since

ProMarket writers
In new research, Sam Peltzman finds that Americans are significantly less happy than they were before Covid-19, even with the pandemic now in the rearview mirror. Those groups that had fared the best before Covid—white Americans, the wealthiest, college educated, and Republicans—were hit the hardest.
Democracy

How Bans on Corporate Political Donations Influence Campaign Platforms

Julia Cagé
Julia Cagé, Caroline Le Pennec, and Elisa Mougin discuss their recent research on France’s 1995 ban on corporate contributions to political campaigns. The ban pushed candidates to de-emphasize local politics in favor of national issues and, in many cases, adopt more extreme rhetoric.
Democracy

The Myth That Lobbying and Campaign Giving Are the Same

Alexander Furnas
In new research, Alexander Furnas, Timothy LaPira, and Clare Brock find that most politically active organizations engage in either campaign contributions or lobbying, but rarely both.The findings have implications for regulation and future academic research.
Cultural Economics

Mass Shootings Do Not Change How US Politicians Vote on Gun Policy

Jack Kappelman
In new research, Jack Kappelman and Haotian Chen investigate how mass violence impacts legislative voting on firearm-related bills. They conclude that on average, state...
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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.