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Economists' capture

How to Fix the Courts’ Misuse of Economics

Economics has a valuable role to play in antitrust enforcement, but the courts often base their antitrust decisions on unfounded empirical claims...
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Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance 


One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...
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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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Why Big Tech Companies Should Engage With Academia, and Why They Don’t

“Academic engagement” of a Big Tech firm: that job should exist. But it has not happened, and it probably won’t happen, unless...
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It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...
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Tainted Philanthropy in Higher Education

Our institutions of higher education should apply appropriate ethical and academic standards when considering financial donations; otherwise, they risk promoting the private interests of...
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Are the Findings in Academic Economic Journals to be Trusted?

A growing number of studies provide evidence that editors (and referees) of academic journals often publish only findings showing a significant effect or surprising...
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A New Capitalisn't Episode: Did the Economists of the '60s and '70s Ruin the Economy?

Are economists to blame for our current state of affairs? That's the argument Binyamin Appelbaum makes in his book "The Economists' Hour." In this...
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Data-Driven Ideology: The Problem With Economists' Takeover of Policymaking

According to New York Times journalist Binyamin Appelbaum's recent book The Economists' Hour, economics is not the unbiased science that it pretends to be, but...
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Corporations and the Rise of the Chicago Law and Economics Movement

From its birth in 1946 onward, corporations made possible and crucially supported the rise of the Chicago law and economics movement. Aaron Director,...
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LATEST NEWS

Uncategorized

Democratize Work

Isabelle Ferreras, Julie Battilana, Dominique Méda
An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work.
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Antitrust and Competition

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

Tommaso Valletti, Luigi Zingales, José Azar, Thomas Philippon, Jan Eeckhout, Basile Grassi, Cristina Caffarra
At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles...
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Antitrust and Competition

Data is Abundant But is it Accessible to Researchers?

Utsav Gandhi
Despite the wide availability of data, ensuring independent access to data sources has never been more crucial. How can researchers engage in...
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Antitrust and Competition

Private Labels in Online Marketplaces

Radostina Shopova
On their store shelves, Walmart has its own products under the "Great Value” brand, and Tesco has its own “Everyday Value” products....
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Antitrust and Competition

Bolsonaro’s reelection may become a setback for ESG in Brazil

Stephanie Tondo
Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the...
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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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