stigler center

Call for papers: Stigler Center 2024 Antitrust Conference

The Stigler Center invites submissions of short academic articles (up to 3,000 words) focused on mapping out how antitrust enforcement impacts the...

Call for 2024 Applications: The Stigler Center Affiliate Fellowship

Pre-tenure scholars based at institutions outside the United States can now apply for the Stigler Center Affiliate Fellowship. Applications are due January 16.

Debating the Draft Merger Guidelines: Transcript

On September 7, the Stigler Center hosted a webinar to discuss the draft merger guidelines. What follows is a slightly edited transcript of the event.

Announcing the 2023 Stigler Center Affiliate Fellows

The second Affiliate Fellows cohort at the Stigler Center at Chicago Booth is a multidisciplinary group of economists, business scholars, lawyers, and political scientists.

Announcing the Participants in the Spring 2023 Stigler Center Journalists in Residence Program

In March, the Stigler Center will welcome eight world-class journalists from Ukraine, Rwanda, the United Kingdom, Nigeria, Pakistan, and the United...

Event Notes: Populism and Economics in Latin America

Recent elections have led to a shift in power and ideology across Latin America. Newly elected leaders have brought a new outlook...

Event Notes: Academic Bias Under the Microscope

That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...

Event Notes: The Consumer Welfare Standard Is Dead, Long Live the Standard

It seems that the only thing academics and policymakers can agree about regarding the Consumer Welfare Standard is that it needs reforming....

Call for 2023 Applications: The Stigler Center Affiliate Fellowship

The Stigler Center is seeking candidates for the second class of its Affiliate Fellows program.

Event Notes: How Will China Move on from the Covid-19 Pandemic?

Countries around the world have overseen wide-ranging public health responses to the Covid-19 pandemic. On June 10, the Stigler Center hosted a...


Uninhibited Campaign Donations Risks Creating Oligarchy

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.

Did the Meme Stock Revolution Actually Change Anything?

Many financial commentators thought that the surge of retail investors participating in the stock market, the most notable of whom boosted “meme stocks” like GameStop, would democratize corporate governance and improve prosocial firm behavior, including the promotion of environmental, social, and governance (ESG) goals. In new research, Dhruv Aggarwal, Albert H. Choi, and Yoon-Ho Alex Lee find evidence that the exact opposite took place.

The Kroger-Albertsons Merger Will Not Help Grocery Competition

Kroger and Albertsons say they need to merge to compete with Walmart. Claire Kelloway argues that what they really want is Walmart’s monopsony power, and permitting mergers on these grounds will only harm suppliers, workers, and consumers.

Innovators Respond to Their Presidential Candidate Winning With More Innovation

Does an inventor’s political identity influence their productivity? In a new paper, Joseph Engelberg, Runjing Lu, William Mullins, and Richard Townsend examine the impacts of the 2008 and 2016 United States presidential elections on Democrat and Republican inventors, with a particular focus on the quantity and quality of patents after the country elects a new president.

Letter to the Editor: Former FTC and DOJ Chief Economists Urge Separation of Economic and Legal Analysis in Merger Guidelines

Seventeen former chief economists of the Federal Trade Commission and the Department of Justice Antitrust Division urge current Agency heads to separate the legal and economic analysis in the draft Merger Guidelines to strengthen the role of the latter in merger review.