regulatory capture
Schumpeter and Brexit: Same Old Story, Different Ending
Joseph Schumpeter wouldn’t have been surprised by Brexit, but would blame British elites for putting it to a referendum and then walking away from the...
The Anticompetitive Effects of Current Capital Regulation
Some features of the capital regulation that was designed to increase the safety of the financial system may have unintended consequences on the competitive...
“Emmanuel Macron Is Not a Liberal, He Just Pretends to Be”
The French president found himself under fire following an attempted police raid on the offices of the investigative news site Mediapart. While many around...
Facebook Is a Threat to Democracy — and the US Has a Responsibility to Rein It In
Facebook and Google have failed at self-regulation. If we want to avoid an authoritarian future, we need to reduce the influence of internet platforms,...
Study: Medicaid Expansion in Michigan Led to Less Financial Distress
A new study finds that obtaining health insurance coverage leads to lower unpaid debt, fewer bankruptcies, fewer evictions, fewer late payments, and higher credit...
Public Trust in Government Falls as Government Shutdown Continues
Amid the longest government shutdown in US history, and with no light at the end of the tunnel, the latest Financial Trust Index (FTI)...
Paging Don Qixote: The Last Hope for American Merger Law
Of the eight or nine hundred antitrust claims each year, few are private merger claims, and almost all of them fail. That is why...
The Greatest Anticompetitive Threat of Our Time: Fixing the Horizontal Shareholding Problem
Undisputed empirical studies confirm that horizontal shareholding poses a great anticompetitive threat. What can antitrust enforcers do about it? Quite a lot, in fact.
Editors'...
Facebook, Extreme Inequality, and Globalization: ProMarket’s Top Stories of 2018
As 2018 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.
The early mentor to Mark...
“Short Sellers Don't Exist to Fix the Problems. They Exist to Shed Light on the Problems”
In an interview with ProMarket, Fahmi Quadir, the short seller whose bet against Valeant in 2015 helped expose the company's misdeeds, talks about short...
