small business

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid...

How to Save 40 percent of the Payroll Protection Program’s Costs

Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...

Financial Trust Index, Covid-Edition: The CDC Is the Most Trusted Institution in America

A special wave of the Booth/Kellogg Financial Trust Index shows a high level of compliance with social distancing guidelines and stay-at-home orders. Approximately 45...

How to Avoid a Mass of Business Bankruptcies: Two Policy Proposals

Existing fiscal and monetary policies are powerless to restore firms’ revenues during this health emergency. Many firms will soon begin having trouble meeting their...

A New Capitalisn’t Episode: How to Exit the Covid-19 Quarantine – a Reading List

For the good of public health, it's important that we continue staying in quarantine, at least for another month or two. But eventually, we...

This Is Not a Financial Crisis, So Why Should We Bailout Wall Street (Again)?

Republican and Democratic Senators reached a deal on a $2 trillion bill to help businesses and people hit by the coronavirus outbreak. But the...

Keeping Business Alive During the Coronavirus Crisis: Government as Buyer of Last Resort

The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...

LATEST NEWS

Antitrust and Competition

Antitrust Misunderstands Innovation. This is how we fix it.

Ketan Ahuja

Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through...

Digital Platforms

How Should the Law Tackle Rapidly Evolving Financial Technologies?

Oscar Borgogno, Giuseppe Colangelo, Cristina Poncibò

The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking...

News

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

Bruce J. Caldwell, Hansjoerg Klausinger

In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first...

News

International Policymaking Must Evolve

Paul Tucker

In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...

ESG

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...