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Turkey

The Costs of Political Misalignment: Forest Fires and Bank Loans in Turkey

Recent wildfires in Turkey have not only destroyed more than 95,000 hectares of its coastal forestland but also divided the country further...
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Fiscal Policy

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

Gustavo de Souza
The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...
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Research

Stakeholder Motivations for “Private Sanctions” Against Russia

Utsav Gandhi
As the war in Ukraine enters its second year, a new study measures stakeholders’ desire to see their firms exit Russia and...
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Big Tech

The Wicked Problem Embodied by The Twitter Files

Tom Ginsburg
In response to a recent ProMarket post about the Twitter Files, professor Tom Ginsburg points out that the toughest question lies in...
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News

Study Shows Universal Bank Trades Are Informed by Private Commercial Borrower Information

Will Macheel
New research by Rainer Haselmann, Christian Leuz, and Sebastian Schreiber finds evidence suggesting that German banks with commercial lending relationships improve their...
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News

Industrial Policy Is a Seductive Mirage

Michael C. Munger
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...
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