Money in Politics

Investing in Influence: Investors, Portfolio Firms, and Political Giving

A new paper examines the relationship between the rising concentration in institutional investors' ownership of publicly traded U.S. firms and portfolio companies'...

Survey Highlights Backlash to Increasingly Political Corporate America

A recent poll shows that 71% of Americans view large companies negatively. The change has been driven by Republicans who dislike the...

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.

What Citizens United Did Not Predict and Why It’s Time To Reconsider

Citizens United v. FEC stands in the public eye as the U.S. Supreme Court case that flooded U.S. elections with “dark money”...

Companies’ Diversity Commitments Conflict with Political Donations

Many US businesses that promote their workplaces as supportive of traditionally marginalized groups have created diversity, equity and inclusion (DEI) programs for...

Healthcare Companies Spent More on Lobbying Than Any Other Industry Last Year

Threatened by regulated price caps from congress, the pharmaceutical industry spent nearly $390 million on lobbying in 2021 according to new data...

Characteristics and Behavior of the Rising Class of Small Campaign Donors

New research on US political donations under $200 reveals characteristics of these donors as well as their motivations. A  Q&A with the...

How the US Partisan Divide Shapes Global Capital Flows

A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US...

Big Tech, the FTC, and Ordoliberals: ProMarket’s Top Stories of 2021

As 2021 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.

Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program

This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United...

Latest news

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

Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...

Biden’s Second-Best Economic Agenda

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

The Fed and Bank Failures

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

Self-Preferencing Theories Need To Account for Exploitative Abuse

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

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...

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

In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...

Letters that Matter: How Interest Groups Shape Financial Legislation

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