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Inequality

Commentary

How Sadie Alexander, the First Black Economics PhD, Became a Voice for Black Workers

Jana Kasperkevic
A whole century has passed since Sadie Alexander became the first African American to receive a PhD in economics in the United...
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Economic History Series

How Protests Against the Jim Crow Credit Market Changed the Civil Rights Movement

Mehrsa Baradaran
Before the civil rights movement captured the nation’s attention, activists and community groups were protesting against exploitative credit and exclusionary lending practices...
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Digital Platforms

The Digital Society: “We Live in a World Obsessed With Cost Cutting”

Jana Kasperkevic
In an interview about his new book, The Inglorious Years, economist Daniel Cohen explores the emergence of the digital society and its...
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Antitrust and Competition

The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”

Asher Schechter
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages,...
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Commentary

Three Ways Tax Policies Increase the Black-White Racial Wealth Gap

Dorothy Brown
Dorothy Brown, the author of The Whiteness of Wealth, explains how tax breaks for marriage, college, and gifts and inheritance contribute to...
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Inequality

Most Americans Consider Themselves Middle-Class. But Are They?

Jeffrey Wenger, Melanie Zaber
There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...
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Antitrust and Competition

Barriers to Entry as Another Source of Top Income Inequality

Philippe Aghion, Céline Antonin, Simon Bunel
A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...
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Inequality

What the US Can Learn From Denmark About Inequality and Social Mobility

James J. Heckman, Rasmus Landersø
Denmark has many generous social policies that American progressives seek to emulate. Yet Denmark also has substantial inequality of child outcomes across...
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Antitrust and Competition

“I Wanted to Call People’s Attention to the Extent of Amazon’s Takeover of Washington”

Asher Schechter
In an interview with ProMarket, author and ProPublica reporter Alec MacGillis discusses the rise of Amazon and regional inequality, the role of...
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Coronavirus

The Unequal Toll of Covid-19

Neha Deopa, Piergiuseppe Fortunato
A pandemic is by definition universal but while it is true that the Covid-19 outbreak has affected everyone, it has not done...
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Latest news

Antitrust and Competition

Antitrust Misunderstands Innovation. This Is How We Fix It.

Ketan Ahuja
Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through...
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Digital Platforms

How Should the Law Tackle Rapidly Evolving Financial Technologies?

Oscar Borgogno, Giuseppe Colangelo, Cristina Poncibò
The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking...
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News

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

Bruce J. Caldwell, Hansjoerg Klausinger
In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first...
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News

International Policymaking Must Evolve

Paul Tucker
In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...
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ESG

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi
Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...
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Academic Capture

Event Notes: Academic Bias Under the Microscope

Andy Shi
That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...
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Commentary

Corporations Are Not “We the People”

Geoffrey R. Stone
The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.
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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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