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Income Inequality

Income Inequality

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

Ankur Sarin
The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries. This raises...
Covid-19

Capital and Ideology: a Webinar With Thomas Piketty, Robert Topel, and Edward Luce

ProMarket writers
As part of the Stigler Center’s Political Economy of Covid-19 Series of online programming, which explores the economic and political implications of Covid-19 with...
Covid-19

The Childcare Barriers to Putting America Back to Work

Jonathan Dingel
Substantial fractions of the US labor force have children at home and will likely face obstacles in returning to work if childcare options remain...
Covid-19

The Paycheck Protection Program, Meant to Prevent Mass Layoffs, Missed Its Target

Joao Granja
A new study shows that CARES Act funds to support small companies and prevent mass layoffs did not flow to areas more adversely affected...
Covid-19

Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”

Asher Schechter
In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and what the...
Covid-19

How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic

Atif Mian
In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates and fueled...
Covid-19

Economic Crisis and Poverty Might Kill More People Than the Coronavirus

Daniel Matamala
Saving lives is the priority. Doing so depends on a delicate balance between health, economic, and social variables. But, above all, it depends on a population that trusts that these measures seek the common good, not the interest of a few.
Covid-19

How to Save 40 percent of the Payroll Protection Program’s Costs

Joost Sijthoff
Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...
Income Inequality

Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)

Sylvain Catherine
In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...
Antitrust and Competition

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

Matt Stoller
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
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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.