Regulation
Loose Policies Around Close Elections Highlight the Political Limits of Macroprudential Regulation
What can policymakers do to prevent future financial crises? An emerging consensus holds that so-called macroprudential regulation is key: policies that aim to mitigate...
Editors’ Briefing: This Week in Political Economy (August 18–25)
America’s white-collar prosecution crisis; Elizabeth Warren has a new bill that aims to separate money from politics; Facebook struggles with the daunting task of...
A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos”
In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...
With Amex Ruling, Modern IO Theory Makes Important Inroads with SCOTUS
SCOTUS Forum. In this second post in our roundtable of op-eds on the Supreme Court’s June 25 Amex decision, UChicago’s Randy Picker looks at...
The Foundation of Corporate Personhood: A Look at the Charles River Bridge Case of 1837
Some 130 years before Friedman could begin arguing that a corporation’s sole responsibility was to make a profit for its shareholders, Boston’s Charles River...
Editors’ Briefing: This Week in Political Economy (June 16–23)
AT&T’s acquisition of Time Warner continues to make waves; a New York federal judge says the entire Consumer of Financial Protection Bureau needs to...
Was the Marketplace of Ideas “Politically Hijacked”?
A Stigler Center panel examines the influence of Big Five tech firms over political discourse and the marketplace of ideas.
At one point during Mark...
Livestreaming Polluters to Enforce Environmental Policy: Evidence from a Natural Experiment in Pittsburgh
Enforcing environmental regulations is controversial and can be costly. But researchers at UCLA and Carnegie Mellon have proposed a low-cost alternative for enforcement—disclosing emissions...
Editors’ Briefing: This Week in Political Economy (May 19–26)
Trump signs the largest rollback of financial regulations since the 2008 crisis into law; Zuckerberg masterfully evades the questions of European parliamentarians; Amazon has...
How Politicians Intensify Financial Cycles: 300 Years of Pro-Cyclical Regulation
Three hundred years of financial regulation offer a cautionary tale to today’s push against yesterday’s regulations. This column revisits the political economy of financial...
