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Elizabeth Warren: Business Roundtable Declaration ‘Was Just an Empty Publicity Stunt’

ProMarket writers
Income Inequality

A $2.5 Trillion Question: What If Incomes Grew Like GDP Did?

Kathryn Edwards
Per capita GDP in the US grew 118 percent over the past 43 years. At the bottom 25th percentile, real income for full-time, full-year,...
News

A Challenge for Stakeholder Capitalism: Solving the Paradoxes of Voting

John G. Matsusaka
If corporations are to maximize shareholder welfare, managers need to discover what shareholders value; political theory shows how difficult this can be. Editor’s note: To...
What we are reading

Whistleblower Warned EY of Wirecard Fraud Four Years Before Collapse

ProMarket writers
What we are reading

All Eyes Are on Pfizer as Trump Pushes for Vaccine by October

ProMarket writers
What we are reading

Big Companies Are Starting to Swallow the World

ProMarket writers
News

Corporations Are Governance Mechanisms, Not Shareholder Toys

Margaret Blair
Milton Friedman’s shareholder credo is simple and catchy but has shaky foundations. Corporate directors and officers are not agents of shareholders and have no...
What we are reading

Monopoly Power is Running Wild. We Need Tough Competition Laws to Rein It In

ProMarket writers
What we are reading

Monopolies Threaten Not Just Our Economy, But Our Liberty, Too.

ProMarket writers
Academic Capture

“Doubt is Their Product”: The Difference Between Research and Academic Lobbying

Tommaso Valletti
Tommaso Valletti, the former Chief Competition Economist of the European Commission, reflects on the intersection of academic economics and policymaking and offers advice to...
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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.