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Antitrust and Competition
Health Care
Money in Politics
Regulatory Capture
Rent seeking
Inequality
Digital Platforms
Economic History
Economic History Series
Friedman 50 Years Later
George Stigler
Research
Teaching
Reading Lists
Covid Economy
Commentary
About
Masthead and contacts
Write for ProMarket
Content Licensing
Antitrust and Competition
Health Care
Money in Politics
Regulatory Capture
Rent seeking
Inequality
Digital Platforms
Economic History
Economic History Series
Friedman 50 Years Later
George Stigler
Research
Teaching
Reading Lists
Covid Economy
Commentary
About
Masthead and contacts
Write for ProMarket
Content Licensing
economic history
Looks Can Be Deceiving: Ronald Coase and the Chicago School
Ronald Coase is typically thought of as one of the Chicago School’s brightest lights. But Coase’s relationship with Chicago was always an...
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The Complicated Legacy of the “Chicago Boys” in Chile
How did a group of Chicago-trained economists manage to turn Chile into the cradle of neoliberalism? As the country aims to move...
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Mechanics and Financiers: How Political Economy and Political Ideology Helped Make Detroit the Global Leader of the Automotive Industry
The history of automotive mass production begins with a puzzle: Why did Detroit, of all places, pioneer the industry that would shape...
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“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”
Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served...
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A New Antitrust Under Biden? Lessons From the Presidency of Theodore Roosevelt
The early history of the Sherman Antitrust Act offers relevant insights to contemporary debates on how to best enforce antitrust laws. In...
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American History Provides a Valuable Lesson on How Monopolists Use Exclusive Deals to Fortify Their Market Power
Since the Civil War, dominant firms have widely and repeatedly used exclusive agreements to exert, expand, and fortify their market power. History...
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Freiburg and Chicago: How the Two Worlds of Neoliberalism Drifted Apart Over Market Power and Monopolies
Early neoliberals tended to view market power and monopolies as phenomena that somehow had to be reined in by an institutional framework...
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Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets
Economists Harold Demsetz and Israel Kirzner challenged the prevailing orthodoxy in microeconomic analysis and public policy beginning with their respective work in...
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How a Wave of Corporate Takeovers Ushered In the Gospel of Shareholder Value
In an excerpt from his new book, Ages of American Capitalism, economic historian Jonathan Levy explains how "financiers blew up the postwar...
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Iowa’s “Butter-Margarine War”: T. W. Schultz’s Fight for Academic Freedom
During the Second World War, economists at Iowa State College published a pamphlet titled “Putting Dairying on a War Footing,” which would...
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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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Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal
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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
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Antitrust and Competition
How Would the Big Tech Self-Preferencing Bill Affect Users?
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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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New eBook Revisits George Stigler’s Theory of Regulatory Capture 50 Years Later
Filippo Lancieri
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Luigi Zingales
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining...
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