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...
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Inequality
Most Americans Consider Themselves Middle-Class. But Are They?
There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...
Antitrust and Competition
Barriers to Entry as Another Source of Top Income Inequality
A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...
Media
ProMarket Reader Survey: We Want Your Feedback
As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...
Corporate Governance
What Stakeholder Capitalism Can Learn From Jensen and Meckling
Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...
Commentary
How Twitter Weakened India’s Information Ecosystem
India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts...
Antitrust and Competition
Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott
There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry...
Antitrust and Competition
Europe Lacks a Vision for How Apple’s App Store Fees Should Work
The European Commission believes that Apple is violating European competition laws and raising prices for consumers in how it operates its App...
