Regulatory Capture

It is Not Just Small Investors Who Will Be Silenced Thanks to SEC’s New Rules

Shareholder proposals are one of the most effective forms of shareholder voice in corporate America. It is one of the main channels...

Seven Reasons Why the Wirecard Fraud Matters

We now know that Wirecard was a massive fraud. The company—treated like a rock star by regulators and key players in finance—fabricated...

The Wirecard Saga: Germany’s Enron Moment?

How did Wirecard go from a “rockstar” to a company that fabricates customers, invents profits, and expropriates investors’ capital? Watch a Stigler...

“Amazon Is Getting Richer by the Moment —But There’s a Limit to How Many People Jeff Bezos Can Buy”

In an interview with ProMarket, Barry Lynn discusses the current state of American antimonopoly, what the Covid-19 crisis has taught us about...

Government Regulation is the Pro-Market Solution

The Covid-19 pandemic has utterly discredited the false dichotomy of government vs. markets. Extensive government regulation is a prerequisite for the proper...

ICIJ’s FinCEN Files Expose How Banks Turn a Blind Eye to Suspicious Transactions

A 16-months long investigation identified more than $2 trillion in transactions that were flagged as possible money laundering or other criminal activity....

What the US Economy Could Look Like if Digital Markets Were Open and Competitive

The US House of Representatives' investigation into digital platforms has opened Americans' eyes to the widespread harms that flow from the illegal...

“The Antitrust Doctrine We’ve Seen Over the Last 40 Years Simply Does Not Match the Lived Experience of People”

In an interview with ProMarket, investigative journalist David Dayen discusses the toll that monopoly power takes on the lives of ordinary Americans...

Special Interests Hide Behind Regulatory Myths

Three myths about federal regulation help prevent much of the public, and many experts, from realizing how many regulations serve to promote...

Why the Political Misuse of Antitrust Must be Prevented

Misuse of antitrust for partisan purposes violates a norm intended to insulate enforcement from direct political influence and discourage politicians from exploiting...

Latest news

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...

Recovering from Kleptocracy: A 10-Step Program

In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...

How Corporate Purpose Affects Firms

A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership...

Market Power and Money in Politics

A Stigler Center webinar explores how businesses lobby and compete for political power and whether mergers and industry concentration affect lobbying.