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Creative destruction

Why Disruptive Innovation Has Declined Since 2000

Traditional accounts of the growing power of large firms implicate antitrust or political corruption. But in a recent book, economist James Bessen...
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LATEST NEWS

Antitrust and Competition

Antitrust Misunderstands Innovation. This Is How We Fix It.

Ketan Ahuja
Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through...
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Digital Platforms

How Should the Law Tackle Rapidly Evolving Financial Technologies?

Oscar Borgogno, Giuseppe Colangelo, Cristina Poncibò
The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking...
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News

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

Bruce J. Caldwell, Hansjoerg Klausinger
In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first...
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News

International Policymaking Must Evolve

Paul Tucker
In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...
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ESG

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi
Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...
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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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