Europe
The Price of Democracy: a Webinar with Julia Cagé, Andrea Prat, and Guy Rolnik
At this trying time, there is a particularly high demand for reliable and trustworthy information. To address this demand by Booth students, alumni, faculty,...
The Airline Industry’s Post-2004 Consolidation Reversed 30 Years of Successful Pro-Consumer Policies
A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets from robust...
Chile Reaches Its Greenspan Moment
"I am in a state of shocked disbelief," former Federal Reserve chair Alan Greenspan said during the 2008 crisis, before confessing: "I found a...
Why More Elderly People Get Infected in Some Countries Compared to Others
Italy has a mortality rate of 6 percent while countries like Norway, Denmark, and Germany have rates still close to zero percent. The...
The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout
The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...
"The Lack of Competition Has Deprived American Workers of $1.25 Trillion of Income"
French economist Thomas Philippon, author of the recent The Great Reversal, explains how Europe got to be better at free markets than the US and how...
Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?
A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...
Market Concentration, Regulation, and Europe´s Quest for a New Industrial Policy
Weakening competition policy in Europe risks creating monopolies rather than industrial champions.
An interventionist style of industrial policy, one that revolves around picking winners, has...
The European Commission Picks a Fight with Google Android over Business Models
UChicago Law’s Randy Picker puzzles over the rationale behind last week’s multibillion-euro fine on Google by the European Commission. While the decision makes a...
A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos”
In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...
