money in politics
Does a CEO Have a Duty to Lobby?
We need not only more disclosure, but also more work in alerting people in general (and students in particular) about the distortive effects of...
A New Stigler Center Case Study Explores the Link Between Italy’s Morandi Bridge Disaster and Crony Capitalism
Two years ago, the Morandi bridge collapse claimed 43 lives. Based on financial statements, Italian government documents, and interviews with independent experts and corporate...
The Pandemic Has Revealed America’s Impatience. But America Will Need Patience in the 2020 Election
The proliferation of mail-in voting is likely to make knowing who won the election take much longer than Americans are used to. Voters in...
Are We Witnessing the Fall of the American Liberal Order?
In the past 30 years, liberalism has not lived up to its promise to deliver economic returns for the broad majority of society. But...
The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
“Democracy Is Influenced by Lobbyists, That’s Why the People Also Need Someone to Lobby for Them”
“Individuals usually don’t have enough incentive to take action, even though it is clear they will be collectively better off by taking action.” In...
The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China
The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent
The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...
How US Regulators Allowed Google and Facebook to Become Dominant
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
American Oligarch: Michael Bloomberg Reveals His One Remaining Path to the Democratic Nomination
Michael Bloomberg's only real path to the nomination was always a contested convention, where he could be able to further leverage his wealth and...
