Money in Politics

Can Credit Tightening Spur Social Unrest? Evidence from 1930s China

In 1933 the United States launched its Silver Purchase program, which raised silver prices worldwide, drained China’s silver stock, and caused credit to Chinese...

Return of the State: Banking on Diplomacy

If, as California political legend Jesse M. Unruh once quipped, “money is the mother’s milk of politicians,” it’s reasonable to expect that countries might...

When Taxpayers Subsidize Corporate Lobbying: How Firms Use Charitable Giving to Influence Politics

A new Stigler Center working paper examines a more roundabout way that companies can influence legislators: by donating money to charities in lawmakers’ districts....

What Prompts Young People to Invest in Their Human Capital? New Data on DACA and Dreamers Offers Some Stark Evidence

The Deferred Action for Childhood Arrivals program—a deportation deferral initiative for immigrants brought to the United States without documents as children—provided a large shock...

Contrary to Popular Opinion, There Is No Populist Upsurge in Britain

Taken how often we use the term, we need to be more accurate in who/what we call populist, writes University of Edinburgh professor Luke March. In...

Is Economic Insecurity Behind the Specter of Populism?

A new study examines the role of the 2007–9 global financial crisis and its metastasis in Europe on voting and political beliefs, showing that crisis-driven economic...

Populism and Time Inconsistency

This recent VoxEU.org column analyzes the recent ascendance of populists across the international stage through the lens of the concept of ‘time inconsistency’—that is, the...

"What’s Happening in the U.S. and in European Countries Is a Reaction Against the Political Class"

"Despite some specifics on the national level, I would say that all the populist regimes and leaders share common characteristics," says José Ugaz, the...

“There Are Good Grounds for Being Very Cynical About Western Elites”

Ahead of his visit to the Stigler Center on October 25, Edward Luce, Washington columnist for the Financial Times and author of The Retreat of...

Catalonia on the Brink: How Did We Get Here?

Catalans simply want to vote and exercise their right of self-determination, argues Jaume Ventura of CREI; if they do not stand up for their...

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