Repeat Voting: A Simple Way To Get More Representative Results

Democratic elections suffer from several shortcomings, including low voter turnout and the effects of inaccurate polling. Sergiu Hart suggests adopting a simple...

Bethany McLean’s Weekend Reading List: Bezos’ Phone, Musk Vs Short Sellers, and Boris Johnson

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.  Who, us? Kill dissidents? Hack phones? Nooooo,...

Schumpeter and Brexit: Same Old Story, Different Ending

Joseph Schumpeter wouldn’t have been surprised by Brexit, but would blame British elites for putting it to a referendum and then walking away from the...

Does Direct Democracy Reduce Regulatory Capture?

Does direct democracy make regulatory capture harder for industry? Samantha Eyler-Driscoll looks at a new Stigler Center working paper that examines state-level referenda and...

Contrary to Popular Opinion, There Is No Populist Upsurge in Britain

Taken how often we use the term, we need to be more accurate in who/what we call populist, writes University of Edinburgh professor Luke March. In...


Creation over Time in Copyright and Patent

On May 18, the United States Supreme Court decided two intellectual property cases with two seemingly different results. A closer look, however, reveals a complimentary concern with the monopolistic power of first movers and how the legal system should enable innovation from second movers over time, writes Randy Picker.

ESG Standards’ Good, Bad and Ugly

The Stigler Center for the Study of the Economy and the State hosted a virtual event discussing the standards, metrics and disclosures of investments focused on Environmental, Social and Governance (ESG) goals. The following is a transcript of the event.


Lee Hepner and William J. McGee respond to Clifford Winston’s ProMarket piece asserting that further deregulation of the airline industry would resolve problems in the industry. Instead, the authors claim a return to regulation would produce better results for travelers.

A World With Far Fewer Mergers

Brooke Fox and Walter Frick analyze research and ideas presented at the Stigler Center Antitrust and Competition Conference that question the value of mergers.

The Banking Risks of Central Bank Digital Currencies

The implementation of central bank digital currencies as the primary medium of exchange would exacerbate the flaws of our current fiat system which encourage banks to overextend credit and create liabilities that they cannot redeem. This will worsen the already recurring cycles of financial crises, writes Vibhu Vikramaditya.