Wealth inequality

Henry Simons’s Positive Program for Laissez-Faire

The 1930s were a difficult time for classical liberals. In response to the Great Depression, the federal government undertook a massive expansion...

George Stigler on Henry Simons, “Crown Prince” of the Chicago School

To mark 75 years since the passing of Henry Simons, professor of Economics and Law at the University of Chicago, ProMarket is...

How Protests Against the Jim Crow Credit Market Changed the Civil Rights Movement

Before the civil rights movement captured the nation’s attention, activists and community groups were protesting against exploitative credit and exclusionary lending practices...

Three Ways Tax Policies Increase the Black-White Racial Wealth Gap

Dorothy Brown, the author of The Whiteness of Wealth, explains how tax breaks for marriage, college, and gifts and inheritance contribute to...

“I Wanted to Call People’s Attention to the Extent of Amazon’s Takeover of Washington”

In an interview with ProMarket, author and ProPublica reporter Alec MacGillis discusses the rise of Amazon and regional inequality, the role of...

The Case for Optimism About America

The good news is that America is still the engine of global wealth creation: nothing fosters political pragmatism like prosperity. But there...

Capital and Ideology: a Webinar With Thomas Piketty, Robert Topel, and Edward Luce

As part of the Stigler Center’s Political Economy of Covid-19 Series of online programming, which explores the economic and political implications of...

Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”

In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and...

Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)

In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...

The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent

The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...

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Delaware: The State Where Companies Can Vote

Adapted from What’s the Matter with Delaware: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us...

The NCAA Goes After College Athletes’ NIL Money—Here are the Antitrust Implications for Workers and Consumers

Having lost in the Supreme Court on student-athlete academic benefits, the NCAA has signaled a continuing attempt to suppress competition in the...

Have Business Roundtable Companies Lived Up to Their Stakeholder Commitments?  

In 2019, more than 100 CEOs of US public companies signed a Business Roundtable statement in which they pledged to deliver value...

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the...

Mergers and Smoking Guns

A recently uncovered memo from George Stigler and Richard Posner reveals how they thought about antitrust and merger policy in advising the...