Brian Cheffins

Brian R. Cheffins is the S.J. Berwin Professor of Corporate Law at Cambridge University and former Chair of Cambridge University’s Law Faculty. He is a Guggenheim Fellow and a Fellow of the British Academy. Professor Cheffins has written widely on corporate law, corporate governance and business history. His latest book is The Public Company Transformed (2018).

Why the Mid-20th Century Was Not the Golden Age of Antirust

The New Brandeisian version of American history presumes that there was a mid-20th century golden age of antitrust that was displaced by...

A Famed Economist’s Public Company U-Turn

Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...

The Most Famous Article on the Theory of the Firm is Widely Misunderstood

Michael Jensen and William Meckling’s famous 1976 Journal of Financial Economics article has been cited nearly 100,000 times and is often regarded...

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Are American Firms Becoming Politically Polarized?

A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate...

Call for Papers: Discrimination in the 21st Century

Ahead of a Becker Friedman Institute/Stigler Center conference on race and gender discrimination that will take place in May, we are seeking...

When Milton Friedman Sided With Keynes Over Hayek on Inflation

In an excerpt from his book Samuelson Friedman: The Battle Over the Free Market, Nicholas Wapshott explores the disagreements between Friedman and...

Countering Employer Monopsony Power With Fundamental Labor Rights

Labor policies grounded in the fundamental rights of workers can reinforce the aims of a proposed labor antitrust agenda by limiting a...

Call for Applications: The Stigler Center Affiliate Fellowship

The Stigler Center is seeking candidates for its inaugural Affiliate Fellows program. The George...

How the Rise of Labor Market Power Helps Explain the Fall of US Manufacturing Employment

A new working paper explores the increase in labor market power in the US and what’s driving it. It shows manufacturing workers...

How Manufacturing’s Lobby Won and Lost its Political Influence

What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The...