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Schumpeter

We Must Stop Applying Economic Standards to Political Leadership

Joseph Schumpeter, ironically remembered for glorifying the entrepreneur’s penchant for creative destruction and innovation, actually warned against exalting entrepreneurs as the redeemers of...
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What Schumpeter Can Teach Economists about the Great Recession

Ten years after Lehman Brothers’ failure, Schumpeter’s analysis of the Great Depression and his warnings to posterity are as timely as they are prophetic,...
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Economic History Series

Adam Smith on Self-Betterment and Policy Impacts

Alain Marciano, Peter J. Boettke
In this celebration of Adam Smith’s contributions to the field of political economy, Peter J. Boettke and Alain Marciano take a passage...
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Antitrust and Competition

New Research Shows The Breakup of IG Farben Increased Innovation

Felix Poege
IG Farben used to be the world’s largest chemical company and a major innovator—until it was broken up in one of the...
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Antitrust and Competition

Why Streaming Doesn’t Pay

Cory Doctorow, Rebecca Giblin
An excerpt from a new book, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win...
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Uncategorized

Democratize Work

Isabelle Ferreras, Julie Battilana, Dominique Méda
An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work.
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Antitrust and Competition

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

Tommaso Valletti, Luigi Zingales, José Azar, Thomas Philippon, Jan Eeckhout, Basile Grassi, Cristina Caffarra
At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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