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Bethany McLean's Weekend Reading List: the SEC, Tesla, and California's Housing Crisis

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.    One of my ongoing obsessions is the...

Bethany McLean's Weekend Reading List: Pension Problems, Funky Accounting, and Elon Musk

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean    My three picks this week deal with...

SolarCity's Troubles Fuel the Religious War Around Tesla's Future and Elon Musk

Musk has been saying for years that his solar business will be similar in size to Tesla’s car business, but this is not likely to...

Bethany McLean's Weekend Reading List: Cheap Credit, WeWork, and Fracking

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean    I'm always interested in stories about what...

How Powerful Ideas Can Shape Society: Aaron Director and the Triumph of Nihilism

The rise of giants like Amazon and Facebook proves the long-lasting influence of Director's approach. His intellectual and political legacy is the transition of...

Editors’ Briefing: This Week in Political Economy (July 14–21)

The EU’s record-breaking antitrust fine against Google might be too little, too late; Facebook CEO Mark Zuckerberg thanks one of his biggest advertisers, President...

ProMarket Graph: Is There a Correlation Between Perception Measures and Reported Levels of Corruption?

New graph compares corruption perception indexes with reported cases of corruption.  What is the best way to measure corruption, and can there be a reliable way to...

Stigler Center Survey Reveals: Majority of Americans Concerned About the Influence of Campaign Donors on Candidates

Survey: 57 percent of Americans believe candidates who take money from big businesses, unions and special interest groups are under their control. In the past year,...

Campaign Financing Capture Index

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

Stigler Fellow of the Month: Beyond the Traditional Capture Theory

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...

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Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones.

Bethany McLean’s Weekend Reading List: Elder Care Facilities, Twitter, and Pot

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

How Market Design Economists Helped to Engineer a Mass Privatization of Public Resources

In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way...

How Alberto Alesina Challenged the Median Voter Theorem

"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan...

Not Everyone Agreed With Alberto Alesina, but Nobody Could Ignore the Work He Did

Harvard professor Jeffry Fridel was a friend and a colleague of Alberto Alesina. They shared the beginning of their careers, a house...

The Death of Independent Podcasting: What Spotify Is Trying to Do With the Joe Rogan Deal

Spotify is gaining power over podcast distribution by either buying production directly or striking exclusive deals, as it did with Rogan. Once...