money in politics
“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...
The Value of Access: How Closeness to the Obama White House Benefited Companies
Between January 2009 and December 2015, White House officials met with corporate CEOs 2,286 times. A new study, to be presented at the upcoming Stigler Center...
How the Global Audit Firms, Led by Deloitte, Are Using Their Lobbying Clout to Dilute Sarbanes-Oxley Reforms
A look at the Big Four’s congressional lobbying activity shows the auditors and their trade association taking advantage of the “Trump” window to roll...
