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Thomas Malthouse

Thomas Malthouse is a Research Professional at Chicago Booth's Stigler Center for the Study of the Economy and the State. He will start his PhD in Economics at the University of British Columbia in the fall of 2024. His research focuses on the historical development of the American economy. Prior to joining Booth, he studied economics at the University of Freiburg and physics at Reed College.
Commentary

Perverse Incentives Have Ruined America’s Railroads

Thomas Malthouse
Thomas Malthouse explores the skewed financial models that lead American railroads to underinvest in maintenance and profitable expansion, producing delays, derailments, and environmental catastrophes such as those that occurred in East Palestine, Ohio, in 2023.

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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.