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Culture & Society

Covid-19

How to Save 40 percent of the Payroll Protection Program’s Costs

Joost Sijthoff
Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...
Covid-19

The Hidden Risks of Stimulus Packages: Federal Debt Is Not a Problem – Until It Is

Ivo Welch
Most economists agree that some stimulus bill to mitigate the effect of the pandemic was a necessary evil (although they argue about how good the...
Covid-19

Back to Work? The Political Preparation for “Phase 2” of the Pandemic Is a Matter of Trust

Efraim Benmelech 
According to a special wave of the Booth/Kellogg Financial Trust Index, Americans have bought into social distancing rules. However, most of the respondents are...
Covid-19

Financial Trust Index, Covid-Edition: The CDC Is the Most Trusted Institution in America

Fabio da Silva Soares
A special wave of the Booth/Kellogg Financial Trust Index shows a high level of compliance with social distancing guidelines and stay-at-home orders. Approximately 45...
Covid-19

Global Supply Chain Disruptions: A Webinar With Penny Goldberg, Former Chief Economist of the World Bank

ProMarket writers
Princeton professor Markus Brunnermeier and Yale professor Penny Goldberg, former chief economist of the World Bank, discuss the impact of Covid-19 on international trade and...
Antitrust and Competition

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Matt Stoller
Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...
Covid-19

Bethany McLean’s Weekend Reading List: Mental Health, Privacy, and Machine Learning

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.  Happy Saturday, or whatever day it is....
Covid-19

A New Capitalisn’t Episode: Where Does the Money Come From? With Special Guest Eugene Fama

ProMarket writers
As Kate Waldock and Luigi Zingales predicted in a previous episode, the government is running out of money and will ask Congress for additional...
Covid-19

In Chile, It Is Always the Banks That Decide the Direction of Politics

Daniel Matamala
Chile's government announced it would deliver $24 billion in state-guaranteed loans through the financial system to save companies at risk of bankruptcy due to the...
Covid-19

The Political Impact of the Pandemic on Open Societies: a Webinar With Tyler Cowen

ProMarket writers
Princeton professor Markus Brunnermeier and professor and blogger Tyler Cowen discuss the long-term implications of lockdown and contact tracing measures. "People at first grossly...
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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.