Populist Plutocrats

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...

“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism

In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...

Contrary to Popular Opinion, There Is No Populist Upsurge in Britain

Taken how often we use the term, we need to be more accurate in who/what we call populist, writes University of Edinburgh professor Luke March. In...

Is Economic Insecurity Behind the Specter of Populism?

A new study examines the role of the 2007–9 global financial crisis and its metastasis in Europe on voting and political beliefs, showing that crisis-driven economic...

Populism and Time Inconsistency

This recent VoxEU.org column analyzes the recent ascendance of populists across the international stage through the lens of the concept of ‘time inconsistency’—that is, the...

"What’s Happening in the U.S. and in European Countries Is a Reaction Against the Political Class"

"Despite some specifics on the national level, I would say that all the populist regimes and leaders share common characteristics," says José Ugaz, the...

“There Are Good Grounds for Being Very Cynical About Western Elites”

Ahead of his visit to the Stigler Center on October 25, Edward Luce, Washington columnist for the Financial Times and author of The Retreat of...

The Only Viable Option for Resisting Populist Plutocrats: “Put the Leader Aside – Address Their Supporters"

The only viable option for resisting populist plutocrats is “to put the leader aside and look at how you can address their supporters," says...

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...

LATEST NEWS

The Kroger-Albertsons Merger Threatens Smaller Upstream Suppliers

Much of the conversation of the proposed Kroger-Albertsons merger has focused on the risks to consumers. However, the merger also poses serious implications for the grocers’ upstream suppliers, particularly smaller regional firms.

Why Have Uninsured Depositors Become De Facto Insured?

Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.

Merger Law Reaches Acquirer Incentives and Private Equity Strategies

Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.

Tim Wu Responds to Letter by Former Agency Chief Economists

Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.

Can the Public Moderate Social Media?

ProMarket student editor Surya Gowda reviews the arguments made by Paul Gowder in his new book, The Networked Leviathan: For Democratic Platforms.