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Democracy

What Saved American Democracy from Donald Trump?

Despite President Donald Trump's attempts to undermine it, the American democracy seems to have survived. We now need to analyze more closely...
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Here Is What American History Can Teach Us About the Interplay Between Free Speech and Democracy

The United States has a long and unfortunate history of overreacting in moments of perceived crisis. Time and again, we have suppressed...
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Jimmy Lai: “Hong Kong Will Eventually Be Like China, Plagued by Corruption”

In an interview with ProMarket, Hong Kong media tycoon and pro-democracy activist Jimmy Lai discussed his legal troubles, the roots of his...
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Liberal Democracies Have a Duty to Respond to China’s New National Security Law

According to China’s sweeping new national security law, European citizens who argue in favor of self-determination for Hong Kong in their home...
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Hong Kong’s Crisis and the Turn Toward Extraterritorial Law

China's new National Security Law, as well as its increasing reliance on law as a mode of repression, reflect important shifts in...
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How to Get Police Reform Done? Use Direct Democracy

Instead of just imploring their representatives to fix things, Americans can use the tools of direct democracy to take charge and promote...
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Are We Witnessing the Fall of the American Liberal Order?

In the past 30 years, liberalism has not lived up to its promise to deliver economic returns for the broad majority of...
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Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”

In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and...
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The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent

The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...
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How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media

A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...
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LATEST NEWS

Antitrust and Competition

Antitrust and Rule by Judges

Paul Tucker
The early-1980s Posner-Stigler memorandum to incoming president Reagan’s transition team is interesting for a host of reasons, but most of all in...
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Antitrust and Competition

Should the European Union Require Tech Firms to Adopt a Common Charger?

Federico Innocenti, Martin Peitz
According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use...
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News

Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal

Brooke Fox
Most economists disagree with a new bill in the US that would set limits on "unconscionably excessive prices," according to a recent...
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Antitrust and Competition

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

Hal Singer
To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in...
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Antitrust and Competition

How Would the Big Tech Self-Preferencing Bill Affect Users? 

Randy Picker
The Senate looks to be nearing a vote on the American Innovation and Choice Online Act, which would prohibit gatekeeping digital platforms...
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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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