Social Distancing Laws Cause Only Small Losses of Economic Activity: Scandinavian Countries as a Case Study

A new study compares the economic performance of Sweden, which avoided a government-mandated shutdown and allowed businesses to operate freely during the...

Does Sweden’s Radical Right Reflect Too Much Social Inclusivity, Or Too Little?

Many have attributed the success of the far-right Sweden Democrats to Sweden's open immigration policy. Instead, a new study shows that income inequality and...

Do Wages in High-Earning Sectors Always Reflect Skills?

Did the soaring wages in finance go in hand with a better selection of talented individuals into the sector? The evidence suggests no. In the...

ProMarket Interviews Bo Rothstein, Part II: On Strong Markets and Quality Government

In the second part of ProMarket's interview with Bo Rothstein, the Swedish political scientist discusses corruption, social trust and unions. After decades in which the...

ProMarket Interview: Bo Rothstein on the Role of Government in Market Economies

Bo Rothstein, one of the most influential political scientists in the world today, explains how countries can become less corrupt, and why the Nordic...

Stigler Center Talk: Bo Rothstein on What Makes Scandinavian Countries Non-Corrupt

Oxford’s Bo Rothstein, one of the most influential political scientists in the world today, will discuss the historical experience of Scandinavian countries in eradicating...


The Impact of Large Institutional Investors on Innovation Is Not as Positive as One Might Expect

In a new paper, Bing Guo, Dennis C. Hutschenreiter, David Pérez-Castrillo, and Anna Toldrà-Simats study how large institutional investors impact firm innovation. The authors find that large institutional investors encourage internal research and development but discourage firm acquisitions that would add patents and knowledge to their firms’ portfolios, hampering overall innovation.

The FTC Needs To Focus Arguments on Technological Transitions After High-Profile Losses

Joshua Gray and Cristian Santesteban argue that the Federal Trade Commission's focus in Meta-Within and Microsoft-Activision on narrow markets like VR fitness apps and consoles missed the boat on the real competition issue: the threat to future competition in nascent markets like VR platforms and cloud gaming.

We Need Better Research on the Relationship Between Market Power and Productivity in the Hospital Industry

Antitrust debates have largely ignored questions about the relationship between market power and productivity, and scholars have provided little guidance on the issue due to data limitations. However, data is plentiful on the hospital industry for both market power and operating costs and productivity, and researchers need to take advantage, writes David Ennis.

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.

Holding Up the News

Meta has silenced news organizations’ social media accounts in response to Canada’s Online News Act, a law not yet in effect. Josh Braun describes the reasoning behind such legislation, its potential flaws, and how Meta, particularly Facebook, has turned the Canadian wildfire crisis into a regulatory pressure campaign.