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Is Fraud in the Financial Sector a “Bug” or a “Feature”?

ProMarket writers
Study: 7 percent of financial advisers have misconduct records - 44 percent are hired within a year. A new paper by Mark Egan, Gregor Matvos...
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Campaign Financing Capture Index

ProMarket writers
The first part of the new project by the Stigler Center on the influence of money on politics: of the remaining presidential candidates, Marco...
Regulatory Capture

Stigler Fellow of the Month: Beyond the Traditional Capture Theory

ProMarket writers
Harvard Business School's Rafael Di Tella is "Stigler Fellow of the Month". He talks about how any theory of regulation should consider the roles...
Rent seeking

Study: Politically Connected Private Equity Firms Hire More, Fire Less in Order to Help Incumbent Politicians

ProMarket writers
Private equity firms are not often associated with job gains. A new paper by Mara Faccio and Scott Hsu reveals the political dynamics that lead...
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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.