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Economic History Series

The current debate in economics seems to lack a historical perspective. To try to address this deficiency, we decided to launch a Sunday column on ProMarket focusing on the historical dimension of economic ideas.

Antitrust and Competition

New Research Shows The Breakup of IG Farben Increased Innovation

Felix Poege
IG Farben used to be the world’s largest chemical company and a major innovator—until it was broken up in one of the...
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Economic History Series

Corporate Sovereigns and the Emergence of State Sovereignty: A Closer Look at the East India Company

Swati Srivastava
A new data collection has made it possible to reveal the self-sovereignty of the English East India Trading Company that produced a...
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Antitrust and Competition

A Posner-Stigler Smoking Gun?

Herbert Hovenkamp
A memo from George Stigler and Richard Posner to the Reagan administration was recently unearthed. To understand the meaning behind the memo,...
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Economic History Series

Why Jean Fourastié’s Theory of Economic Development is Still Relevant Today

David Le Bris, Elie Gray
In 1949, the innovative French economist and policymaker Jean Fourastié introduced a theory of growth and technological development that economists could still...
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Antitrust and Competition

The Rise, Survival, and Potential Fall of the Reagan-Era Antitrust Consensus

Brian Cheffins
With major antitrust reform in the air, Brian Cheffins explores how and why a now highly controversial antitrust consensus that emerged under...
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Economic History Series

How China Became a Global Economic Powerhouse Through an Idiosyncratic Approach to Market Capitalism

Isabella M. Weber
Chinese reformers after the death of Mao Zedong in 1976 agreed that it was necessary for China to move towards marketization, but...
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Economic History Series

The Communist Origins of China’s Embrace of Markets

Jason M. Kelly
In an excerpt from his book Market Maoists: The Communist Origins of China’s Capitalist Ascent, Jason M. Kelly explores the commercial relationships...
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Antitrust and Competition

How the Free Software and the IP Wars of the 1990s and 2000s Presaged Today’s Toxic, Concentrated Internet

Elettra Bietti
How did the internet evolve from a relatively decentralized, hybrid, and democratizing space toward a concentrated, privatized environment controlled by a handful...
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Economic History Series

When Milton Friedman Sided With Keynes Over Hayek on Inflation

Nicholas Wapshott
In an excerpt from his book Samuelson Friedman: The Battle Over the Free Market, Nicholas Wapshott explores the disagreements between Friedman and...
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Economic History Series

How Manufacturing’s Lobby Won and Lost its Political Influence

Jennifer Delton
What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The...
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Latest news

Antitrust and Competition

New Research Shows The Breakup of IG Farben Increased Innovation

Felix Poege
IG Farben used to be the world’s largest chemical company and a major innovator—until it was broken up in one of the...
Read more
Antitrust and Competition

Why Streaming Doesn’t Pay

Cory Doctorow, Rebecca Giblin
An excerpt from a new book, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win...
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Uncategorized

Democratize Work

Isabelle Ferreras, Julie Battilana, Dominique Méda
An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work.
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Antitrust and Competition

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

Tommaso Valletti, Luigi Zingales, José Azar, Thomas Philippon, Jan Eeckhout, Basile Grassi, Cristina Caffarra
At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles...
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Antitrust and Competition

Data is Abundant But is it Accessible to Researchers?

Utsav Gandhi
Despite the wide availability of data, ensuring independent access to data sources has never been more crucial. How can researchers engage in...
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Antitrust and Competition

Private Labels in Online Marketplaces

Radostina Shopova
On their store shelves, Walmart has its own products under the "Great Value” brand, and Tesco has its own “Everyday Value” products....
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Antitrust and Competition

Bolsonaro’s reelection may become a setback for ESG in Brazil

Stephanie Tondo
Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the...
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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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