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Wealth inequality

The Future of Capitalism and the Utopia That Never Was

In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the "ethical world."     Paul Collier’s...
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Angus Deaton: Today’s Inequalities Are Signs That Democratic Capitalism Is Under Threat

At the launch of the IFS Deaton Review, a 5-year review of rising inequalities in the UK, Sir Angus Deaton decried extreme inequality and the...
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Wealth Inequality in America: A Race Between the Stock and the Housing Market

Booming stock markets and the collapse of house prices in the aftermath of the 2008 financial crisis have increased wealth inequality in the US...
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The Nation-State: The Common Root of Our Failure to Deal with High Global Inequality and Climate Change

Inequality and climate change are both global problems that cannot be solved by a single country. Yet we are stuck with the political limitations...
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Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It

A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...
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How Market Power Worsens Income Inequality

Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...
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Reducing Wealth Inequality Through Wealth Taxes Without Compromising Economic Growth

New research proposes two ways of using wealth taxes to reduce inequality and increase efficiency. Economic inequality has risen significantly within major economies around the...
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Davos Elites Love to Advocate for Equality – So Long As Nothing Gets Done

The return to the industrial relations and tax policies of the early 19th century has been spearheaded by people who speak the language of...
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The Malleable Demand for Trade Protection: How Political Campaigns Can Easily Manipulate Public Attitudes Toward Public Policy

Where does today’s anti-trade sentiment come from? A new study finds that people are particularly sensitive to job losses and outsourcing due to international...
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The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide

Workers in emerging economies benefitted from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring...
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LATEST NEWS

News

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Chad Kendall, John G. Matsusaka
Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...
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Antitrust and Competition

How to Design Data Protection Laws That Actually Work 

Filippo Lancieri
More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...
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Antitrust and Competition

Are Monopolists or Cartels the True Source of Anticompetitive US Political Power?

Herbert Hovenkamp
Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in...
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Antitrust and Competition

The Uber Files Reveal The Risk of Private Interests Controlling Our Data

Greg Erhardt
Researchers discovered that the introduction of Uber had negative impacts on transportation, findings that required cooperation with public authorities when Uber refused...
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Antitrust and Competition

Google’s Anticompetitive Conduct and the Remedies to Prevent It

Utsav Gandhi
The Stigler Center, of which ProMarket is a part, recently hosted a panel discussion looking at the antitrust case against Google and...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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