Politics

Survey Highlights Backlash to Increasingly Political Corporate America

A recent poll shows that 71% of Americans view large companies negatively. The change has been driven by Republicans who dislike the...

Bolsonaro’s reelection may become a setback for ESG in Brazil

Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the...

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...

The Understated Relationship Between Market Dominance and Political Influence

A new model explains the feedback loop between monopolies and politicians and the unexpected developments in the relationships between the two, as...

How the US Partisan Divide Shapes Global Capital Flows

A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US...

Chart of the Week: Minority Underrepresentation in Local US Politics

ProMarket's first-ever Chart of the Week comes from a new paper that studies the underrepresentation gap of ethnic minorities in local US...

Are American Firms Becoming Politically Polarized?

A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate...

The Rise of Business Politicians

Over the last two decades, the share of senior corporate executives holding national political office has increased in the United States as...

Who Benefits From Competitive State-Level Legislatures?

A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to...

Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott

There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry...

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LATEST NEWS

Development

Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected

Pinelopi Koujianou Goldberg, Gaurav Chiplunkar

Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...

Fiscal Policy

Biden’s Second-Best Economic Agenda

Walter Frick

Efficiency is out and political economy is in. But what does that imply about making good policy?

Monetary Policy

The Fed and Bank Failures

Raghuram Rajan, Viral V Acharya

Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...

Antitrust and Competition

Self-Preferencing Theories Need To Account for Exploitative Abuse

Patrice Bougette, Oliver Budzinski, Frédéric Marty

Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...

Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz

Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...