Corruption

How Market Power Leads to Corporate Political Influence

Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is...

Spoiled Meat Scandal Reveals the Influence of Business and Media on Brazil's Politics

The recently-released secret taping of a conversation between Brazil’s president Michel Temer and one of the country's most prominent businessmen reveals the extent to which big business...

Does Whistleblowing Work?

Whistleblower reward laws work, and they work remarkably well. Congress, the executive branch of government, and the business community should enact, support, and nurture strong...

Experts: Financial Rewards and Protections Are the Best Way to Incentivize Whistleblowers

Stephen Kohn, executive director of the National Whistleblower Center: “If your white-collar crime detection program is based on nice people having high moral values,...

Nobel Laureates: Eliminating Rent Seeking and Tougher Antitrust Enforcement Are Critical to Reducing Inequality

Angus Deaton: "A lot of the inequality in the U.S. comes from rent seeking. It comes from firms and industry seeking special protection or...

Can Corruption Explain the Success of Donald Trump?

“Identity politics” perceived as favoritism may be the explanation for why Trump’s strategy of accusing the political elite and Hillary Clinton of corruption paid...

Is China Succeeding in the War Against Corruption? Q&A with Bernard Yeung

In the past four years, China has been waging the biggest anticorruption campaign in its modern history. Is it working?  In the past four years, the...

ProMarket Interview: Bo Rothstein on the Role of Government in Market Economies

Bo Rothstein, one of the most influential political scientists in the world today, explains how countries can become less corrupt, and why the Nordic...

Alan Rusbridger: “The Level of Scrutiny That the Press Would Apply to its Own Failures is Minimal”

ProMarket interview: Alan Rusbridger, former editor-in-chief of The Guardian, on media capture. In 2003, Rebekah Wade (now Brooks), the former editor of the British tabloid...

ProMarket Graph: Is There a Correlation Between Perception Measures and Reported Levels of Corruption?

New graph compares corruption perception indexes with reported cases of corruption.  What is the best way to measure corruption, and can there be a reliable way to...

LATEST NEWS

New Study Warns Antitrust Inaction May Lead To Acceptable Collusion for Public Policy Considerations

The modernization of EU antitrust laws muddied the water with regard to the ways that antitrust authorities and courts should handle situations...

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections.

The “Conspiracy” of Consumer Welfare Theory

Matt Stoller argues there was a conspiracy. It was more of an association with a singular purpose.

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid...

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...