rent seeking

Where Will the Crypto Craze Lead? A Venture Capitalist’s View

Can individual cryptocurrencies be programmed with stability in mind and if so, could a plethora of cryptocurrencies exhibit, in the aggregate, stable behaviors?     By now,...

Wondering How Your Financial Advisors Rank for Misconduct? There’s a Web App for That

A new site created by ProMarket board member Amit Seru (Stanford) and co-authors Mark Egan (Harvard) and Gregor Matvos (UT Austin) offers free data and...

How Regulation Subsidizes Big Finance

If you want to understand how the US economy is producing big gains for those at the top and stagnation for everybody else, the...

Who Are the Top 1 Percent in America? The Answer from New Research Might Surprise You

A new paper challenges Thomas Piketty’s portrayal of an income distribution dominated at the top by passive rentiers who do nothing to earn their money,...

Mickey Mouse Turns 89 This Week—But Will He Ever Appear in the Public Domain?

Walt Disney Co.’s efforts to protect its copyright over the famous anthropomorphic mouse are the subject of a new Stigler Center case study.     This Sunday...

A Tale of Two Cities: Hamburg and Lübeck

The German cities of Hamburg and Lübeck have an interwoven and eventful history. Whereas Lübeck offers an example of how dominant cities may become unattractive...

How Medical Licensing Drives Up Health Care Prices

The role of licensing in driving up health care costs has been almost completely ignored. The apparent explanation is that nobody can imagine that...

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism”

A new study by the United Nations Conference on Trade and Development argues: The “endemic rent-seeking that stems from market concentration, heightened corporate power,...

Of Computers and Cronyism: What’s the Cause of Italy’s Productivity Problem?

The latest Stigler Center working paper from Bruno Pellegrino and Luigi Zingales argues that Italy’s sclerotic TFP growth over the past two decades has...

Intellectual Property Laws: Wolves in Sheep’s Clothing

The excesses of IP law are now a serious obstacle to innovation and economic growth. In the rogues’ gallery of regulatory rent-seeking, copyright and patent...

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