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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.

Antitrust and Competition

When the Interests of Monopolists and Authoritarians Coalesce

Raghuram Rajan
It is when the behemoth of monopoly enterprise consorts with the leviathan of the authoritarian state that both are likely to achieve permanence, writes...
Money in Politics

Public Trust in Government Falls as Government Shutdown Continues

Linda Wu
Amid the longest government shutdown in US history, and with no light at the end of the tunnel, the latest Financial Trust Index (FTI)...
Money in Politics

Is Liberal Democracy Doomed? A Q&A With Yascha Mounk

Asher Schechter
Mounk, author of the recent book The People vs. Democracy: Why Our Freedom Is in Danger & How to Save It, talks to ProMarket about...
Money in Politics

Does Ownership of Financial Assets Lead Voters to Support Republicans?

Wendy M. Rahn
Does owning financial assets lead voters to support Republicans? New research on the liberty bonds of World War I suggests the story may be...
Money in Politics

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

Alberto Manconi
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...
Money in Politics

Return of the State: Banking on Diplomacy

Phong T. H. Ngo
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...
Money in Politics

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

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

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

Na'ama Shenhav
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...
Money in Politics

Democracy and Economic Growth: New Evidence

Daron Acemoğlu
Democracy sees higher GDP due to greater civil liberties, economic reform, increased investment and government capacity, and reduced social conflict. (Note: this post originally appeared in VoxDev.org) Many...
Money in Politics

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

Luke March
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...
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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.