economists

Chart of the Week: Concentration in Ticket-Selling Market Produces Costly Outcomes

Economists overwhelmingly agree that the lack of competition in the market for ticket-selling intermediaries leads to attendees paying more, according to a...

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

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

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

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

The Passive Mechanisms of Common Ownership

A new paper explores the conundrum that common ownership poses for antitrust enforcers and competition and corporate scholars and sheds light on...

DOJ Antitrust Head Jonathan Kanter: “We Are Making It Very Clear: We’re Going to Hold Individuals Accountable”

In an interview with ProMarket, assistant attorney general Jonathan Kanter, head of the Department of Justice’s antitrust division, explains why he believes...

Top Ukrainian Economist Asks West to Cut Off Russian Technology

Tymofiy Mylovanov, Ukraine’s former Minister of Economic Development, Trade and Agriculture and current president of the Kyiv School of Economics, appeared on...

Inflation, Corporate Power, and the Forgotten New Deal

A forgotten aspect of the New Deal is that it took place amid inflation and rising prices. Contemporary debates over inflation and whether corporate greed...

Why Jean Fourastié’s Theory of Economic Development is Still Relevant Today

In 1949, the innovative French economist and policymaker Jean Fourastié introduced a theory of growth and technological development that economists could still...

What Economists Mean When They Say “Consumer Welfare Standard”

Though coined by academic economists, the term “consumer welfare standard” has been captured and changed by the economic school of thought known...

When Milton Friedman Sided With Keynes Over Hayek on Inflation

In an excerpt from his book Samuelson Friedman: The Battle Over the Free Market, Nicholas Wapshott explores the disagreements between Friedman and...

LATEST NEWS

How Financial Contracting Could Help the Police Force Manage Its Aims More Effectively

Hamid Mehran proposes funded deferred pay, an incentive structure to mitigate the risk and costs of police misconduct.

Event Notes: “China’s Political Economy” in Review

The Stigler Center's "China Political Economy" webinar series returns Thursday, February 9. Here's a reminder of what we covered in our first...

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...

How To Ensure Industrial Policy Promotes Public Over Private Gain

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...