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The Equitable Economy

Covid-19

How the Covid-19 Pandemic Put Corporate Stakeholder Promises to the Test

Lucian Bebchuk
Prior to the outbreak of Covid-19, corporate leaders pledged to look after all stakeholders, not just deliver value to shareholders. Did they live up...
Income Inequality

Chart of the Week: Minority Underrepresentation in Local US Politics

ProMarket writers
ProMarket's first-ever Chart of the Week comes from a new paper that studies the underrepresentation gap of ethnic minorities in local US politics. In a...
ESG, Corporate Governance & Future of the Firm

Elizabeth Holmes Is the Exception: More Women on Boards Lead to Less Corporate Wrongdoing

Ido Baum
The so-called “opportunity theory” suggests that women are statistically underrepresented in white-collar offenses because they are underrepresented in higher corporate echelons. A forthcoming paper...
Antitrust and Competition

Global vs. Local: What Drives Changes in Labor’s Share of Income

Amit Zac
A new working paper examines the relationship between competition policy and the decline in the labor share across the developed world and finds that...
ESG, Corporate Governance & Future of the Firm

Are American Firms Becoming Politically Polarized?

Vyacheslav Fos
A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate America. This...
ESG, Corporate Governance & Future of the Firm

How Much Can We Trust Index Funds on Climate Change?

Roberto Tallarita
According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role of “climate...
Antitrust and Competition

Big Tech, the FTC, and Ordoliberals: ProMarket’s Top Stories of 2021

ProMarket writers
As 2021 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year. In a year marked by a...
Antitrust and Competition

The Best Political Economy Books of 2021

Asher Schechter
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic...
Commentary

This Proposal Could Inadvertently Improve Corporate Accounting

Karthik Ramanna
A provision within the Biden administration’s Build Back Better bill that assesses a minimum tax on certain companies based on their income reported to...
ESG, Corporate Governance & Future of the Firm

Dislocation, Dislocation, Dislocation: Covid, the Retail Crisis, and REITs

Mark Pilkington
In an excerpt from his new book Retail Recovery, retail expert and author Mark Pilkington explores the impact of the sector's decline in the...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.