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Research

Antitrust and Competition

Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

Jessie Wrobel
New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones. Economists love health care because it...
News

How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

Guido Tabellini
One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido Tabellini recalls...
News

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

Francesco Loiacono
After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized controlled trials...
Covid-19

When and How the US Should Reopen Is a Matter of Politics, Trust in Institutions and Media, Survey Says

Marianne Bertrand
A new survey from the Rustandy Center and the Poverty Lab at the University of Chicago finds that political party affiliation and trust in...
Covid-19

Why Social Distancing Measures Seem Less Effective in the US

Gabriele Borg
Guidelines assume that the less people move around, the less likely they are to be in contact. However, phone location data show that in...
Covid-19

After the Lockdown: Italian Consumers Are Cautious About Returning to Normal

Guglielmo Briscese
The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to return to...
Covid-19

How Are Americans Coping With the Covid-19 Crisis? 7 Key Findings From a Household Survey

Marianne Bertrand
New research from the Rustandy Center and the Poverty Lab at the University of Chicago finds that lower-income Americans, especially women, were more...
Research

How to Restart the Economy and Save Lives: Simulations on Northern Italy

Carlo Favero
Italian officials have to choose the optimal strategy to end the lockdown. A policy that sends all the active population back to work avoids...
Covid-19

Insider Trading Data Reveals Pandemic Is a Time for Questioning, Not Answering

Renée Adams
Following news reports about executives selling shares in their corporations to avoid losses due to the pandemic, a new study takes a closer takes...
Money in Politics

How Barack Obama Spurred the End of America’s Public Presidential Election Funding System

Julia Cagé
Through 2004, all candidates in the general presidential election opted for public funding and reimbursement of their campaign expenses. Then, in 2008, Barack Obama...
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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.