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Asher Schechter

ProMarket's former deputy managing editor. As a journalist, he has mostly covered issues related to the intersection between politics and the economy, such as antitrust, corruption, lobbying and social movements. Prior to joining the Stigler center, he worked for the Israeli newspaper Haaretz-TheMarker, where he was a senior features writer and still writes as a political columnist. He is the author of Rothschild: The Story of a Protest Movement (2012, Hakibbutz Hameuhad-Sifriat Poalim Publishing Group), a nonfiction book covering Israel’s social protests of 2011, and a World Economic Forum Global Shaper (New York Hub). He previously hosted The Cost of Doing Business, a twice-weekly podcast about business and economics in Israel. You can follow him on Twitter at @asherschechter.
Antitrust and Competition

“A Slow, Creeping Consolidation of Power by Big Money Over Think Tanks in the United States”

Guy Rolnik
Following his ouster from New America, antitrust scholar Barry Lynn talks to ProMarket about academic capture and the power of digital platforms like Google. Over the...
Antitrust and Competition

Study: Politically-Connected Firms More Likely to Receive Favorable Merger Reviews from Antitrust Regulators

Asher Schechter
A new study finds that firms connected to members of the House and Senate judiciary committees are more likely to receive favorable merger reviews.     The...
Money in Politics

Raghuram Rajan: Populist Nationalism Is “the First Step Toward Crony Capitalism”

Asher Schechter
The former governor of the Reserve Bank of India discussed the “concentrated and devastating” impact that technology and trade had on blue-collar communities, the anger...
Antitrust and Competition

The Rise of Market Power and the Decline of Labor’s Share

Asher Schechter
A new paper argues that the decline of the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been...
ESG, Corporate Governance & Future of the Firm

Where Friedman Was Wrong

Asher Schechter
A new paper by Oliver Hart and Luigi Zingales argues that a company’s objective should be the maximization of shareholders’ welfare, not value.  In 1970,...
Regulatory Capture

How Market Power Leads to Corporate Political Influence

Asher Schechter
Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is...
Regulatory Capture

What Drives Bank Bailouts? Study Shows That Political Interests Play a Major Role

Asher Schechter
New paper finds that political and personal interests have a major impact on politicians’ decisions regarding bank bailouts. In his memoir Stress Test (Crown, 2014), former Treasury...
Regulatory Capture

Study: Politicians Vote Against the Will of Their Constituents 35 Percent of the Time

Asher Schechter
New Stigler Center working paper: “To the extent that legislators represent majority opinion, it happens largely because legislators share the opinions of their constituents,...
Antitrust and Competition

“Business Journalism Fails Spectacularly in Holding the Powerful to Account”

Asher Schechter
Can the media hold powerful corporate actors to account in an age of rising concentration? A Stigler Center panel offers opposing views.  The election of...
Antitrust and Competition

“Markets Today Are Radically Different Than What We Believe – We Have the Façade of Competition"

Asher Schechter
A Stigler Center panel explores the implications of big data for competition policy and for consumer welfare. The business model at the heart of the digital...
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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.