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Income Inequality

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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Covid-19

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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Income Inequality

The End of the Capitalist-Worker Dichotomy and the Rise of a New Elite?

Yonatan Berman, Branko Milanovic
Economists typically assume that capitalists and workers are different people. A new study, however, finds that the intersection between the top decile...
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Covid-19

Covid-19 Aggravates Existing Income, Gender, and Race Inequalities, and Further Increases Political Divisions

Marianne Bertrand, Guglielmo Briscese, Maddalena Grignani, Salma Nassar
Seventy percent of Americans know someone who tested positive; one in five know someone who died from coronavirus, survey shows.
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Covid-19

Angus Deaton: “There’s Something Clearly Wrong With Our Corporate System, in Which Pharmaceutical Companies Are Allowed to Kill People for Money”

Asher Schechter
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton outlined what he believes the incoming Biden administration should do: introduce price...
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Antitrust and Competition

Antitrust as Economic Stimulus

Hal Singer, Marshall Steinbaum
By attacking power imbalances, competition policy can steer income to workers and independent merchants who are more inclined to spend than monopoly...
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Income Inequality

To Make a Difference, Businesses Must Have a Stake in Social Missions

Ofer Eldar
Despite their promises to change the world for the better and remedy social ills, the truth is that corporations are rarely designed...
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Income Inequality

A $2.5 Trillion Question: What If Incomes Grew Like GDP Did?

Kathryn Edwards, Carter C. Price
Per capita GDP in the US grew 118 percent over the past 43 years. At the bottom 25th percentile, real income for...
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Income Inequality

The Economic Costs of Discriminating Against Top Talent: Insights From Nazi Germany

Kilian Huber
A new study looks at the discrimination of Jewish managers in Germany in the 1930s and shows how the rise of a...
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Antitrust and Competition

Monopolies: Silent Spreaders of Poverty and Economic Inequality

James A. Schmitz Jr., David Fettig
The Covid-19 crisis has exposed the vast inequalities that exist within the US economy. Monopoly power should be at the top of...
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Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
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ESG & Corporate Governance

History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure

Ethan Rouen, Kunal Sachdeva, Aaron Yoon
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
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Regulation

Letters that Matter: How Interest Groups Shape Financial Legislation

Renée Adams, Thomas Mosk
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
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Labor

Are There Really Gender Pay Differences in the CEO Labor Market?

Massimiliano Tani, Keiran Sharpe, Andrew Valentine
The gender pay gap is a well-documented phenomenon in global labor markets, but this gap does not seem to apply to the...
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Monetary Policy

How Many Banks Are at Risk of Insolvency Right Now?

Amit Seru, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski
Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...
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Misinformation

The Challenges of Regulating Disinformation

Federico Vaccari
In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...
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Development

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Nagesh Kumar
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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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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