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Capture

Regulatory Capture

It Takes a Village to Maintain a Dangerous Financial System: Q&A with Anat Admati

Guy Rolnik
Stanford professor Anat Admati discusses her new paper, in which she explains how a mix of distorted incentives, ignorance, confusion, and lack of accountability contributes to...
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...
Regulatory Capture

Attorneys General for Sale? We Should Focus on the Practice, Not Just on Trump’s Role

Roy Shapira
Trump is not the only, nor the biggest, player in the game of influencing attorneys general. Singling him out for opprobrium is aiming at the...
Money in Politics

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

Guy Rolnik
Edward Kleinbard from the University of Southern California explains how Donald Trump was potentially able to lose nearly a billion dollars of his investors’...
Regulatory Capture

Stigler Center Talk: Deutsche Bank Whistleblower on the SEC and Revolving Doors

ProMarket writers
Eric Ben-Artzi, the former Deutsche Bank risk officer turned whistleblower who rejected a multi-million dollar award from the SEC, will give a talk at...
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...
Regulatory Capture

Are Special Interests Dooming the Euro to Fail?

Asher Schechter
As the Eurozone struggles to stave off a lingering economic crisis, four economists debate the measures necessary to ensure its survival and what’s preventing...
Regulatory Capture

Capture and Ignorance in Financial Regulation

Mark Calabria
The most fruitful avenue for reducing regulatory capture is to impose more checks-and-balances on our agencies, reversing recent trends toward expediency. After spending some years...
Regulatory Capture

Meet the Sugar Barons Who Used Both Sides of American Politics to Get Billions in Subsidies

Guy Rolnik
Meet the Florida-based Fanjul brothers, who inject money to both political parties and dominate an industry that enjoys billions of dollar's worth of subsidies and protections.  Last week,...
Regulatory Capture

Certificate of Need Laws Show Entry Barriers Can Raise Spending

James Bailey
In most states, health care providers who seek to open a new hospital must obtain a “certificate of need” (CON) from a state board certifying...
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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.