regulatory capture

Why Are So Many Executives Running for Office These Days?

New research documents a sharp increase in the number of corporate executives in elected federal office between 1980 and 2014. But why do they...

Editors’ Briefing: This Week in Political Economy (May 26–June 2)

Google gives up Project Maven following "terrible" backlash; angry Facebook shareholders demand an end to Mark Zuckerberg's "dictatorship"; American startups are in a 13-year slump; and Italy...

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...

Editors’ Briefing: This Week in Political Economy (May 12-May 19)

Wells Fargo is in hot water again; President Trump reportedly pushed the US Postmaster General to double the rate that Amazon pays to ship...

How China’s Anti-Corruption Campaign Is Moving Financing Away from State-Owned Enterprises

Are anti-corruption reforms effective in reducing economic rent seeking and constraining the influence of special interests? New research from Tsinghua University PBC School of...

Rethinking Stigler’s Theory of Regulation: Regulatory Capture or Deregulatory Capture?

Much government regulation does not fit the logic of Stigler’s theory of anti-competitive regulatory capture. In a new book, Steven Vogel of Berkeley argues...

The Only Game in Town: Central Banking as False Hope

To accompany Paul Tucker’s mini-course at the Stigler Center this week, we offer here an extract of the former Bank of England Deputy Governor’s...

Editors’ Briefing: This Week in Political Economy (May 4–May 12)

A whistleblower alleges fraud in the audits of Silicon Valley companies; AT&T acknowledges that hiring Michael Cohen was a "bad mistake"; new analysis finds that...

Editors’ Briefing: This Week in Political Economy (April 28–May 4)

George Mason University faces controversy over its relationship with donors; the former CEO of Volkswagen is charged in relation to the company’s diesel emissions...

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