money in politics
In a Mexican Establishment Rattled by Corruption Scandals, Impunity Reigns
High-profile scandals like Odebrecht, The Panama Papers, and Swiss Leaks have brought down powerful politicians and businesspeople across Latin America. In Mexico, however, not a...
The Catalonian Labyrinth [Parts I & II]
The Catalonian problem required farsighted political leadership. We got the opposite, and now the patients are running the asylum, says Tano Santos of...
“In Just About Every Generation, Many People Thought the American Republic was on the Verge of Collapse”
The second installment of our two-part interview with Harvard Business School professor David Moss about his recent book Democracy: A Case Study. "One of the reasons...
How to Defeat Populist Plutocrats? “Build a Counter-Narrative”
Beppe Severgnini, one of the most influential journalists in Italy, talks to ProMarket about what the U.S. can learn from Italy on how to defeat...
The Berlusconi Voter, Taken Seriously: a Little Exercise in Historical Comprehension
The Berlusconi phenomenon in Italy both anticipated and exhibits features that epitomize the plight of Western politics.
This is the third installment of ProMarket’s new article...
Eliot Spitzer: The Democratic Party Has Become the Party of the Status Quo
Former New York governor Eliot Spitzer talks about antitrust, digital platforms, economic concentration, and regulatory capture. Part 2 of 2.
In the first part of...
The Big Picture: Clientelism, Plutocracy, and Democratization
Why is the electoral process not enough to rid nations of pathological political distortions such as cronyism and corruption?
This is the second installment of ProMarket’s...
Populist Plutocrats as a Political Phenomenon
How can a rich man successfully pose as a representative of the poor and the disenfranchised and become the leader of a populist movement?...
How Market Power Leads to Corporate Political Influence
Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is...
Is Direct Democracy Better Able to Withstand the Influence of Special Interests?
A new Stigler Center working paper looks into the effects of referendums and public initiatives on public policy and finds that direct democracy better...
