rent seeking
Who are the 30 Worst Brokers in America When Measured By Misconduct?
The ProMarket blog seeks to provide indexes that make markets work better. The data on brokers’ misconduct supplied by FINRA is very detailed, but...
ProMarket Interview: Robert J. Shiller on Competition, Deception and Rent-Seeking
Yale economist and Nobel Prize Laureate Robert J. Shiller explains why competition in itself does not always weed out deception and rent-seeking.
“Our free-market system...
“The President’s Executive Order is Pro‑Market and Anti‑Abusive Market Power”
Ten days after the White House issued an executive order and a brief that highlights growing concentration and decreasing competition in the US economy,...
Are We All Rent-Seeking Investors?
Has The Economist, the commentary magazine of the capitalistic global elite, embraced the corporate-bashing trend taken by many populist politicians in the U.S., U.K.,...
The White House Acknowledges: The U.S. Has a Concentration Problem; President Obama Launches New Pro-Competition Initiative
President Barack Obama issues an executive order that calls on federal government agencies to promote competition within uncompetitive markets.
President Barack Obama launched a broad new...
“It’s Difficult to Produce Good Policy in Thin Political Markets”
Harvard Business School’s Karthik Ramanna, author of Political Standards, outlines the potential harms of thin political markets and offers ways to mitigate capture. “It’s difficult...
“What We Have is Capture of the Regulators’ Minds, A Much More Sophisticated Form of Capture Than Putting Money in Their Pockets”
Barry C. Lynn, author and director of New America’s Open Markets program, explains how every major industry and marketplace in America came to be controlled...
Putting the Client Last: A Former Investment Banker Explains How Clients are Being Systemically Sucker-Punched
“It is when our clients are the most fragile that we make the most money.” Part two in a series of columns by anonymous...
“There Is Regulatory Capture, But It Is By No Means Complete”
Kenneth J. Arrow, one of the most influential economists of the 20th century, reflects on the benefits of a single payer health care system,...
Can a CEO in Good Conscience Not Be a Crony Capitalist?
The above question — posed by Brucest1, a reader of this blog — is extremely important and deserves a fully articulated answer. Brucest1 seems to conclude that a...
