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Money in Politics

While the conventional debate usually revolves around the amount of campaign donations each candidate receives (how much), we spotlight also issues such as the concentration of donations (who donates), or more stealth forms of money in politics such as lobbying.

Money in Politics

Campaign Finance in the 2016 Election: With Federal Reform Unlikely, the Use of Super PACs has Become More “Brazen”

Asher Schechter
While it is still too early to draw any decisive conclusions regarding the role money played during this election cycle, some trends can already...
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Money in Politics

Finance and Healthcare Bound to Gain from Clinton’s Presidency

Andrea Hamaui
Hillary Clinton has promised to be tough on finance and pharmaceutical companies. So why do financial and healthcare stocks go up when the probability...
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Money in Politics

Wealthier Donors Prefer Hillary Clinton

Tania Diaz Bazan
Hillary Clinton’s donors are wealthier than Donald Trump’s, at least judging from the value of their homes. The median home price of Clinton’s supporters...
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Money in Politics

Academic Literature Shows: The Problems with Regulating Campaign Finance Are Deeper Than Mere Lack of Political Will

Doron Navot
The experience of regulating campaign finance in the last four decades tells us that the "donor class" has found ways to turn wild once and...
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Money in Politics

In the 2016 Presidential Election, Only 0.4 Percent of Donations Were Made by Donors Who Donated to Multiple Candidates

Tania Diaz Bazan
In the 2016 election, Donald Trump received few donations from people who had donated to other candidates in the Republican primary; the opposite occurred...
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Money in Politics

Employees of Large Companies Favor Hillary Clinton

Tania Diaz Bazan
Clinton received overwhelming support from workers in the banking, tech, and mobile industries. 98 percent of the total amount raised by workers at financial institutions...
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Money in Politics

Donald Trump and the Political Economy of Real Estate Tax in the US: Q&A With Professor Edward Kleinbard

Guy Rolnik, Asher Schechter
Edward Kleinbard from the University of Southern California explains how Donald Trump was potentially able to lose nearly a billion dollars of his investors’...
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Money in Politics

Donation Preferences: Republicans Outnumbered in Academia

Tania Diaz Bazan
Vast majority of faculty and staff members from universities support Hillary Clinton. Donald Trump's percentage of donations from faculty and staff is on average 0.5...
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Money in Politics

The Real Lesson From Brexit

Luigi Zingales
A widespread mistrust of experts can lead to political decisions, like Brexit, that might have negative consequences for the very people who vote for them. How...
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Money in Politics

Donald Trump, Crony Capitalist

Luigi Zingales
The sleep of reason produces monsters, at least according to Spanish painter Francisco Goya. What happens when the political reason is intoxicated by vested...
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Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
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ESG & Corporate Governance

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

Ethan Rouen, Kunal Sachdeva, Aaron Yoon
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
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Regulation

Letters that Matter: How Interest Groups Shape Financial Legislation

Renée Adams, Thomas Mosk
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
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Labor

Are There Really Gender Pay Differences in the CEO Labor Market?

Massimiliano Tani, Keiran Sharpe, Andrew Valentine
The gender pay gap is a well-documented phenomenon in global labor markets, but this gap does not seem to apply to the...
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Monetary Policy

How Many Banks Are at Risk of Insolvency Right Now?

Amit Seru, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski
Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...
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Misinformation

The Challenges of Regulating Disinformation

Federico Vaccari
In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...
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Development

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Nagesh Kumar
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...
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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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