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The Equitable Economy

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...
Antitrust and Competition

The Amazon of Health Care: How CVS Is Evolving From a Drug Store Chain into a Tech Platform

Matt Stoller
CVS is built on a dominant chain of drug stores, but it is now trying to turn itself into a "uniquely powerful platform" for...
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...
Income Inequality

What Is the Meaning of Wealth?

Branko Milanovic
Who's richer, a person who enjoys the comfort of modern services and technologies, or the ancient kings of a millennia ago? Comparing wealth over...
Income Inequality

Why There Is No “Crisis of Capitalism”

Branko Milanovic
Western dissatisfaction with globalization is wrongly diagnosed as dissatisfaction with capitalism, when in fact it is the product of the uneven distribution of the...
Antitrust and Competition

Antitrust’s Monopsony Problem

Sandeep Vaheesan
Four cases from the past decade alleging employer collusion against workers show that at present, antitrust law is ill-equipped to protect workers. A root...
Income Inequality

A New Capitalisn't Episode: The Controversial Tax Policies Of Emmanuel Saez

ProMarket writers
In a new episode of their podcast Capitalisn't, Luigi Zingales and Kate Waldock interview UC Berkeley professor Emmanuel Saez on tax policy, the wealth...
Commentary

Do Top Economics Journals Hold Female-Authored Papers to Higher Standards?

Erin Hengel
Articles written by male economists are cited less than articles published by women in the same journals, a new study on gender and quality...
Income Inequality

Emmanuel Saez: Saying Inequality Has Not Increased in the US "the Equivalent of Being a Climate Change Denier”

Asher Schechter
In an interview with ProMarket ahead of his upcoming Stigler Center visit this week, UC Berkeley economist Emmanuel Saez discussed the impact of the...
ESG, Corporate Governance & Future of the Firm

Over 60 Leading Finance Economists Ask SEC to Revise the Shareholder Voting Draft Reform

ProMarket writers
The new regulation that Security and Exchange Commissioners voted in November doesn't fix proxy advisory industry duopoly problems, but it actually makes them worse:...
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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.