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Money in Politics

Watch: Richard Posner Says Congresspeople Are “Slaves to the Donors”

ProMarket writers
A clip of Judge Richard Posner of the U.S. Court of Appeals for the 7th Circuit in Chicago discussing the effects of the Supreme...
Regulatory Capture

Uber, the Mayor’s Private Email, and the Underground Lobbying Complex

Guy Rolnik
The recent revelations regarding the interactions between Chicago mayor Rahm Emanuel and former Uber executive and Obama adviser David Plouffe suggest that the real action in...
Money in Politics

Stigler Center Lecture: Is American Democracy in Trouble?

ProMarket writers
David Moss, the Paul Whiton Cherington Professor at Harvard Business School, will examine the health of American democracy from a historical perspective. Fears about extreme...
Regulatory Capture

Executive Orders, Judicial Orders, and the Rule of Law

Daniel Hemel
What does President Trump’s executive order on immigration and its aftermath mean for the rule of law? What does President Trump’s executive order on immigration—and...
Regulatory Capture

Could the Fed Have Rescued Lehman Brothers? Q&A with Laurence Ball

Guy Rolnik
A new study argues that the Federal Reserve could have saved Lehman Brothers from bankruptcy, but chose not to, partly because of political pressures.  Eight-and-a-half years ago,...
Money in Politics

Financial Trust Index: Americans are Angrier at the Current Economic Situation, Particularly Low-Income Whites

Tania Diaz Bazan
The latest update of the Chicago Booth/Kellogg School Financial Trust Index survey shows that anger at the current economic situation has been growing among...
Money in Politics

A House Divided

Paola Sapienza
On the eve of Donald Trump's inauguration as president, the latest update of the Chicago Booth/Kellogg School Financial Trust Index survey finds that Americans are sharply divided on...
Regulatory Capture

Revolving Doors in the Private Sector: Quid Pro Quo or Efficient Market Mechanism?

ProMarket writers
A new paper by Elisabeth Kempf from the University of Chicago looks into the performance of credit analysts who left to work for investment...
Regulatory Capture

Could Blockchain Technology Alter the Balance of Power Within the Financial System? Q&A with David Yermack

Asher Schechter
"Blockchain technology is threatening to remake the financial system from the top down in a way that threatens the existence of all the banks,...
Money in Politics

Donald Trump’s Economic Policies: Pro-Business, Not Pro-Market

Luigi Zingales
Trump is eliminating lobbyists by putting them in charge of all departments. After his election,((This post was originally published in Il Sole 24 Ore.)) it was...
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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.