Michela Giorcelli
Corporate Governance
How a Marshall Plan Program Boosted the Performance of Italian Firms for Decades
During the 1950s, as part of the Marshall Plan, the US subsidized loans to help European firms purchase technology and sponsored training trips for...
Latest news
Antitrust and Competition
The New Challenges of Assessing Big Tech’s Impact
Big Tech firms are facing the biggest wave of antitrust legislation in their history. Academic literature reveals the complexity of possible consequences...
News
The Metaphysics of Regulatory Capture
Stiglerian capture and corrosive cultural capture, its left-leaning parallel, are ostensibly symbionts, two attempts at identifying impediments to keeping markets competitive by...
Capitalisn't
The Aristocracy of Talent: Business Intelligence
In the following excerpt from his new book, The Aristocracy of Talent: How Meritocracy Made the Modern World, Adrian Wooldridge traces "how universities...
Antitrust and Competition
Why Privacy Experts Need a Place at the Antitrust Table
Antitrust enforcers have tended to stay narrowly “in their lane,” failing to engage with how data is collected and used by digital...
News
Assessing George Stigler’s Economic Theory of Regulation
Despite its flaws and limitations, Stigler’s seminal article on the theory of economic regulation remains an important piece of scholarship worthy of...
Economic History Series
“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”
Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served...
Commentary
The Many Faces of Stigler’s Theory of Economic Regulation: Interest Group Politics Still Thrives—But Industry Often Comes Second
Stigler treats industry groups as the heavyweights in regulatory contests. But surprisingly often groups of farmers and workers knock them for a...
