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Greg Buchak

Greg Buchak is an associate professor of finance at Stanford Graduate School of Business. His research focuses on the industrial organization of financial intermediation, financial regulation, and the role that finance plays in technological growth. Buchak earned his PhD in financial economics at the University Chicago’s department of economics and Booth School of Business. He also received a JD from the University of Chicago Law School. He received a BA in mathematics and a BS in economics at the University of Pennsylvania.
Money in Politics

Increased Campaign Spending Grows the Economic Pie Instead of Splitting It Up

Pat Akey
The United States has relaxed campaign finance laws over the past few decades. As a result, there exist concerns about politicians favoring special business interests over the welfare of other constituents, such as workers. In a new paper, Pat Akey, Tania Babina, Greg Buchak, and Ana-Maria Tenekedjieva examine how the 2010 U.S. Supreme Court decision in Citizens United v. Federal Election Commission affected earnings for firms and workers, as well as political turnover and polarization at the state level.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.