regulatory capture

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...

Does Environmental Crime Pay?

A new Stigler Center working paper conducts a cost-benefit analysis of DuPont's emissions of a toxic chemical dubbed C8. The Trump administration has shown clear signs that it...

Study: Politically-Connected Firms More Likely to Receive Favorable Merger Reviews from Antitrust Regulators

A new study finds that firms connected to members of the House and Senate judiciary committees are more likely to receive favorable merger reviews.     The...

Raghuram Rajan: Populist Nationalism Is “the First Step Toward Crony Capitalism”

The former governor of the Reserve Bank of India discussed the “concentrated and devastating” impact that technology and trade had on blue-collar communities, the anger...

Bribery, Cooperation, and the Evolution of Prosocial Institutions

How the science of cooperation and cultural evolution will give us new tools in combating corruption.     There is nothing natural((Putting aside what it means for...

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...

Eliot Spitzer: The Democratic Party Has Become the Party of the Status Quo

Former New York governor Eliot Spitzer talks about antitrust, digital platforms, economic concentration, and regulatory capture. Part 2 of 2.      In the first part of...

The Big Picture: Clientelism, Plutocracy, and Democratization

Why is the electoral process not enough to rid nations of pathological political distortions such as cronyism and corruption?   This is the second installment of ProMarket’s...

Eliot Spitzer: The U.S. Never Had the Will and the Ability to Hold the Most Powerful to Account

In a special interview with ProMarket, former New York governor Eliot Spitzer talks about financial regulation, regulatory capture, and antitrust. Part 1 of 2.   Clear rules and...

How Biology Explains Back-Scratching Between Wall Street and Government

The revolving door of government and business explained in the lab. The systemic financial risk-taking in the lead-up to the financial crisis was a product...

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