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Research

Economic History

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

Elizabeth Kennedy
American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...
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Fiscal Policy

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

Gustavo de Souza
The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...
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Research

Stakeholder Motivations for “Private Sanctions” Against Russia

Utsav Gandhi
As the war in Ukraine enters its second year, a new study measures stakeholders’ desire to see their firms exit Russia and...
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News

Study Shows Universal Bank Trades Are Informed by Private Commercial Borrower Information

Will Macheel
New research by Rainer Haselmann, Christian Leuz, and Sebastian Schreiber finds evidence suggesting that German banks with commercial lending relationships improve their...
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Research

The Challenge of Combating International Profit Shifting

Sebastian Bustos, Dina Pomeranz, Juan Carlos Suarez Serrato, Jose Vila-Belda, Gabriel Zucman
Tax policy reform in Chile, aimed at reducing corporate profit shifting schemes, did not accomplish its intended effects. Instead, the impact was...
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Antitrust and Competition

2023 Antitrust and Competition Conference: Call for Papers

ProMarket writers
The Stigler Center is inviting submissions of short academic articles (up to 3000 words) focused on the development of a legal/economic...
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Antitrust and Competition

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

Matthew Denes, Madeline Marco Scanlon, Florian Schulz
New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections.
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News

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Chad Kendall, John G. Matsusaka
Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...
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Antitrust and Competition

The Understated Relationship Between Market Dominance and Political Influence

Dana Foarta, Steven Callander, Takuo Sugaya
A new model explains the feedback loop between monopolies and politicians and the unexpected developments in the relationships between the two, as...
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News

The Mechanisms of Regulatory Capture

Filippo Lancieri, Luigi Zingales
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining...
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Commentary

How Financial Contracting Could Help the Police Force Manage Its Aims More Effectively

Hamid Mehran
Hamid Mehran proposes funded deferred pay, an incentive structure to mitigate the risk and costs of police misconduct.
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Event Notes

Event Notes: “China’s Political Economy” in Review

Andy Shi
The Stigler Center's "China Political Economy" webinar series returns Thursday, February 9. Here's a reminder of what we covered in our first...
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Economic History

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

Elizabeth Kennedy
American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...
Read more
Industrial Policy

How To Ensure Industrial Policy Promotes Public Over Private Gain

Lenore Palladino
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...
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Fiscal Policy

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

Gustavo de Souza
The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...
Read more
Research

Stakeholder Motivations for “Private Sanctions” Against Russia

Utsav Gandhi
As the war in Ukraine enters its second year, a new study measures stakeholders’ desire to see their firms exit Russia and...
Read more
Big Tech

The Wicked Problem Embodied by The Twitter Files

Tom Ginsburg
In response to a recent ProMarket post about the Twitter Files, professor Tom Ginsburg points out that the toughest question lies 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.

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