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Commentary

Economists Are Still Right About Airline Deregulation!

Clifford Winston
Would increasing regulation of the U.S. airline industry resolve the issues that Americans have heard about and experienced in the past few months? Clifford...
Democracy

Different Voting Methods Produce Different—and More Accurate—Results

Aaron Hamlin
There is a significant ongoing debate in the United States on the merits of plurality voting (how most American elections are conducted) and how...
Antitrust and Competition

Gauging Common Ownership in Fintech Markets

Anna Tzanaki
A new empirical paper estimates the scope and impact of common ownership in fintech markets. The authors find limited common ownership among private fintech...
Monetary Policy

Resolving the Banking Crisis

Peter DeMarzo
Following up their recent analysis of risk in the banking system, DeMarzo, Jiang, Krishnamurthy, Matvos, Piskorski and Seru argue that banks should be required...
Antitrust and Competition

The Consumer Welfare Standard is Too Tainted

Tim Wu
The Stigler Center’s 2023 Antitrust and Competition conference seeks to answer the question: what lays beyond the consumer welfare standard? In advance of the discussions, ProMarket is publishing a...
Antitrust and Competition

Show Your Work: Meaningful Disclosure and Antitrust Enforcement Goals

William E. Kovacic
The Stigler Center’s 2023 Antitrust and Competition conference seeks to answer the question: what lays beyond the consumer welfare standard? In advance of the discussions, ProMarket is publishing a...
Commentary

How the ‘Market Share Opportunism’ of Investment Advisers is Harming Investors and Public Companies

Bernard Sharfman
Investment advisors on both sides of the aisle have coopted ESG for their own exploitative marketing tactics to increase their own assets under management...
Regulation

Crypto-Influencers Give Poor Investment Advice — and the SEC is Taking Notice

Joseph Pacelli
New research reveals that cryptocurrency advice from social media influencers could lead investors to lose money on average. Are regulators doing enough to protect...
Commentary

How To Really Fix Banking

Laurence Kotlikoff
Laurence Kotlikoff and Rick Miller argue that banking as we know it is dying. It’s time to arrange a smooth transition to limited purpose...
News

Should We Regulate the Revolving Door of Regulators?

Elise S. Brezis
Is the revolving door of top regulators one of the reasons for a lack of good regulation? Based on her recent research, Elise Brezis...
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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.