When—and Why—Fact-Checking Cannot Stop Alternative Facts

Correct numbers alone cannot stop charismatic politicians using convincing narratives, even if the latter are based on “alternative facts.”     Kellyanne Conway, a counselor to President...

Announcing the Participants in the 2018 Stigler Center Journalist in Residence Program

From March, the Stigler Center will welcome eight world-class journalists from Canada, Chile, China, India, the United Kingdom, and the United States for an...

NYC Journalists, Join Us for an Info Session on the Stigler Center’s Journalists in Residence Program

To mark the JIR program’s second year, we will hold an informational session at NYU’s Torch Club in New York on September 19.     Earlier this...

The Stigler Center’s Mediapart Case Study Now Available in French

The Stigler Center's case study focuses on the success of the French online news website and explores the economics of media companies in the face of...

"There's a Set of People Who Do Understand What's Going on in Washington, But That Story Isn't Told Broadly"

How much does investigative journalism cost? What are its benefits? Why is it so hard to monetize? Can markets keep on providing this service?...

“Business Journalism Fails Spectacularly in Holding the Powerful to Account”

Can the media hold powerful corporate actors to account in an age of rising concentration? A Stigler Center panel offers opposing views.  The election of...

Can Investigative Journalism Be Profitable? France’s Mediapart Shows That It Can Be

Is investigative journalism a private or public good? A new Stigler Center case study focuses on the success of French online news website Mediapart...

Last Few Days to Apply to the Stigler Center’s Fellowship Program for Journalists

This 10-week program, which will take place in Chicago Booth’s Hyde Park Campus, will offer a transformative learning experience for up-and-coming journalists seeking to...


Algorithmic Collusion in the Housing Market

While the development of artificial intelligence has led to efficient business strategies, such as dynamic pricing, this new technology is vulnerable to collusion and consumer harm when companies share the same software through a central platform. Gabriele Bortolotti highlights the importance of antitrust enforcement in this domain for the second article in our series, using as a case study the RealPage class action lawsuit in the Seattle housing market.

The Future Markets Model Explains Meta/Within: A Reply to Herb Hovenkamp

In response to both Herb Hovenkamp’s February 27 article in ProMarket and, perhaps more importantly, also to Hovenkamp’s highly regarded treatise, Lawrence B. Landman, first, shows that the Future Markets Model explains the court’s decision in Meta/Within. Since Meta was not even trying to make a future product, the court correctly found that Meta would not enter the Future Market. Second, the Future Markets Model is the analytical tool which Hovenkamp says the enforcers lack when they try to protect competition to innovate.

The Chicago Boys and the Chilean Neoliberal Project

In a new book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism, Sebastian Edwards details the history of neoliberalism in Chile over the past seventy years. The Chicago Boys—a group of Chilean economists trained at the University of Chicago through the U.S. State Department’s “Chile Project”—played a central role in neoliberalism’s ascent during General Augusto Pinochet’s rule. What follows is an excerpt from the book on University of Chicago economist Milton Friedman’s 1975 visit to Chile to meet with Pinochet and business leaders.

Creating a Modern Antitrust Welfare Standard that Integrates Post-Chicago and Neo-Brandeisian Goals

Darren Bush, Mark Glick, and Gabriel A. Lozada argue that the Consumer Welfare Standard  is inconsistent with modern welfare economics and that a modern approach to antitrust could integrate traditional Congressional goals as advocated by the Neo-Brandesians. Such an approach could be the basis for an alliance between the post-Chicago economists and the Neo-Brandesians.

Getting Partisans To Listen to One Another Can Reduce Political Polarization

In new research, Guglielmo Briscese and Michèle Belot find that reminding Americans of shared values can open lines of communication and help reduce political polarization.