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President Trump Says China Must Cede Control of TikTok or He ‘Won’t Make the Deal.’

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What we are reading

Secret Documents Show How Criminals Use Big-Name Banks To Finance Terror And Death, And The Government Doesn’t Stop It

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What we are reading

Global Banks Defy U.S. Crackdowns by Serving Oligarchs, Criminals and Terrorists

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Which Problems Should Companies Try to Solve?

Sanjai Bhagat
It is true that capitalism needs to be inclusive in its benefits, but 50 years on, Friedman’s shareholder primacy remains the right place to...
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Donald Trump TikTok Deal Approval

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Media

Bethany McLean’s Weekend Reading List: Wirecard, Covid-Overwhelmed Hospitals, and Plastic

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.  A company and the sycophants—I'm sorry, research analysts—who...
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TikTok Chief Invites Facebook to Join Its Lawsuit Against U.S. Ban

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What we are reading

U.S. Bans Chinese Apps TikTok and WeChat, Citing Security Concerns

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News

“50 Years Later, It’s Time to Reassess”: Raghuram Rajan on Milton Friedman and Maximizing Shareholder Value

Raghuram Rajan
The biggest problem with shareholder value maximization is that it completely turns a tin ear to politics. The alternative is to maximize the value...
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Poll: Majority of Americans Concerned About Big Tech’s Economic, Political Power

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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.