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Academic Capture

Academic Capture

Iowa’s “Butter-Margarine War”: T. W. Schultz’s Fight for Academic Freedom

David Seim
During the Second World War, economists at Iowa State College published a pamphlet titled “Putting Dairying on a War Footing,” which would later come...
Academic Capture

“Doubt is Their Product”: The Difference Between Research and Academic Lobbying

Tommaso Valletti
Tommaso Valletti, the former Chief Competition Economist of the European Commission, reflects on the intersection of academic economics and policymaking and offers advice to...
Academic Capture

Tainted Philanthropy in Higher Education

Jasmine Banks
Our institutions of higher education should apply appropriate ethical and academic standards when considering financial donations; otherwise, they risk promoting the private interests of...
Academic Capture

Are the Findings in Academic Economic Journals to be Trusted?

Abel Brodeur
A growing number of studies provide evidence that editors (and referees) of academic journals often publish only findings showing a significant effect or surprising...
Academic Capture

The Most Persistent of All Zombie Ideas: That Taxing the Wealthy Is Destructive to the Economy

Paul Krugman
Economics can’t tell you what values to have. It can, however, shed light on what to expect from policy that reflects any particular set...
Academic Capture

The World Bank's "Papergate": Censorship Is Not the Best Way to Stop Development Aid From Fueling Corruption

Stefano Feltri
A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...
Academic Capture

With the Court Approval of the T-Mobile/Sprint Merger, the Dominant Doctrine in Antitrust Has Jumped the Shark

Matt Stoller
New York Judge Victor Marrero allowed two major mobile companies to merge in an already concentrated telecom industry, ensuring that prices will rise and...
Academic Capture

Data-Driven Ideology: The Problem With Economists' Takeover of Policymaking

Stefano Feltri
According to New York Times journalist Binyamin Appelbaum's recent book The Economists' Hour, economics is not the unbiased science that it pretends to be, but...
Academic Capture

The Epstein Report: How a Convicted Criminal Could Use MIT to Whitewash His Reputation

Stefano Feltri
The only reason why a pedophile's donations did not violate any MIT policy is that MIT does not have any policy to prevent embarrassing...
Academic Capture

Corporations and the Rise of the Chicago Law and Economics Movement

Robert Van Horn
From its birth in 1946 onward, corporations made possible and crucially supported the rise of the Chicago law and economics movement. Aaron Director,...
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