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Covid-19

A New Capitalisn’t Episode: Winners and Losers in the Stimulus Bill – a Reading List

ProMarket writers
In order to combat the coronavirus, Congress has passed a $2 trillion stimulus bill that targets individuals, small businesses, and large corporations. From an...
Covid-19

“The Way Insurance Companies Have Rigged Our Health Care System, They’re Probably Going to Emerge as Financial Winners from This”

Asher Schechter
Author and former health insurance executive Wendell Potter explains to ProMarket why the employer-based health care system in the US is “collapsing” and why health...
Antitrust and Competition

The Stimulus Package Is Too Expensive and Poorly Targeted: The Waste Contained in the CARES Act

Amit Seru
A cost-effective stimulus to mend the effects of a 24 percent drop in GDP would cost no more than $1.3 trillion over a 6-month...
Covid-19

Has Coronavirus Brought Back the Nation-State in Europe? No, Just the Need for Public Authority

Jan Zielonka
The vindication of the public sphere does not herald the return of nation-states to their past glory. This is bad news not only for...
Covid-19

From Most No-Brainer to Most Complicated: A List of Policy Proposals to Mitigate the Virus’ Impact

Tyler Cowen
Policymakers need to figure out which sectors we wish to keep up and running (food, health care), which sectors we want to contract rapidly...
Antitrust and Competition

America’s Broken Health Care System Is the Biggest Obstacle to Containing the Coronavirus

Asher Schechter
Over the past few weeks, it has become abundantly clear that the US health care system is uniquely ill-equipped to deal with a crisis...
Covid-19

Please, Don’t Use Taxpayer Money to Bail Out Investors Like Me

Jonathan B. Berk
When we invested in stocks and bonds, we knew we might have to face a storm or two. The high returns we received on...
Covid-19

Economics, Law and Finance Professors from Major Universities Write to Congress : “Bail Out People Before Large Corporations”

ProMarket writers
"Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those...
Antitrust and Competition

The Covid-19 Bailout That Big Business Is Lobbying for Could Make America Unrecognizable

Matt Stoller
Supporting industries is necessary to mitigate the economic impact of the pandemic. But using the coronavirus as an excuse, Boeing and other companies are...
Covid-19

Stick, Carrot, and Evergreen Loans: A Policy Proposal to Save Small and Medium-Sized Firms

Arvind Krishnamurthy
Restaurant owners, retailers, and the like employ more than 50 percent of the US workforce, yet neither have cash buffers nor access to Federal Reserve support. In...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.