Should investors and stakeholders who wish to influence companies to promote desirable social and environmental outcomes focus on actions like divestment and...
In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...
With solutions to the threats of digital monopolies currently looking unlikely to come from the state, law and economics scholars Eric Posner and Glen...
In conversation with Stigler Center director Luigi Zingales, Tyler Cowen—one of the brains behind the world’s most popular economics blog, Marginal Revolution—argues that a...
Our 40th anniversary event brought together academics and intellectuals to discuss George Stigler’s legacy. Watch the second day's sessions.
The George J. Stigler Center for the Study of...
Can direct democracy be used to fix the crisis of representative democracy? Join us for a series of three stand-alone, interrelated lunch seminars by...
Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.
Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.
Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.
In new research, Valentino Larcinese and Alberto Parmigiani find that the 1986 Reagan tax cuts led to greater campaign spending from wealthy individuals, who benefited the most from this policy. The authors argue that a very permissive system of political finance, combined with the erosion of tax progressivity, created the conditions for the mutual reinforcement of economic and political disparities. The result was an inequality spiral hardly compatible with democratic ideals.