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Politics

Inequality

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

Belinda Archibong
New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the...
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Corporate Governance

How the US Partisan Divide Shapes Global Capital Flows

Elisabeth Kempf
A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US...
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News

Gabriel Zucman: “I’m a Bit Skeptical That Freezing the Assets of a Few Dozen Oligarchs Can Be Highly Effective”

Asher Schechter
60 percent of the wealth of Russia’s richest 0.01 percent are held offshore. UC Berkeley economist Gabriel Zucman explains why blanket sanctions, of...
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Media

Chart of the Week: Most News in Russia is Government-Owned or Influenced

Brooke Fox
Of 3.9 million Russian news articles studied, 77 percent were from either a government-owned or government-influenced outlet.
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Commentary

The Impact of Economic Sanctions on Russia

Yuriy Gorodnichenko
Normally, economic sanctions are largely a symbolic criticism of a country’s actions and nothing more. This time it’s different, but they will...
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Inequality

Chart of the Week: Minority Underrepresentation in Local US Politics

ProMarket writers
ProMarket's first-ever Chart of the Week comes from a new paper that studies the underrepresentation gap of ethnic minorities in local US...
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News

Is China’s Political Economy Facing a New Era? A Stigler Center Webinar Explores

ProMarket writers
A Stigler Center panel, part of our new series on China’s present-day and future prospects, explores the legacy of Xi Jinping, China’s...
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Corporate Governance

Are American Firms Becoming Politically Polarized?

Vyacheslav Fos, Elisabeth Kempf, Margarita Tsoutsoura
A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate...
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Coronavirus

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That From Becoming the New Normal

Gabriele Gratton, Barton Lee
A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...
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Money in Politics

The Rise of Business Politicians

Ilona Babenko, Viktar Fedaseyeu, Song Zhang
Over the last two decades, the share of senior corporate executives holding national political office has increased in the United States as...
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Latest news

News

Fear of Punishment Distorts Bank Financial Reporting

Hamid Mehran
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn...
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Antitrust and Competition

Should The Competitive Process Test Replace The Consumer Welfare Standard?

Einer Elhauge
Jonathan Kanter, Assistant Attorney General for the Department of Justice Antitrust Division, recently gave a speech condemning the use of the consumer...
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News

Delaware: The State Where Companies Can Vote

Hal Weitzman
Adapted from What’s the Matter with Delaware: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us...
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Antitrust and Competition

The NCAA Goes After College Athletes’ NIL Money—Here are the Antitrust Implications for Workers and Consumers

Ted Tatos
Having lost in the Supreme Court on student-athlete academic benefits, the NCAA has signaled a continuing attempt to suppress competition in the...
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Corporate Governance

Have Business Roundtable Companies Lived Up to Their Stakeholder Commitments?  

Lucian Bebchuk, Roberto Tallarita
In 2019, more than 100 CEOs of US public companies signed a Business Roundtable statement in which they pledged to deliver value...
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Inequality

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

Belinda Archibong
New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the...
Read more
Antitrust and Competition

Mergers and Smoking Guns

Erik Peinert
A recently uncovered memo from George Stigler and Richard Posner reveals how they thought about antitrust and merger policy in advising the...
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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.

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