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Capitalisn't

Antitrust and Competition

GameStop, the Cantillon Effect, and America’s Corrupt Financial Plumbing

Matt Stoller
The GameStop frenzy, far from a morality tale of the people showing up Wall Street elites, should show that something is seriously...
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Capitalisn't

The Effects of Student Debt Forgiveness

Marco Di Maggio
While student loan forgiveness is undoubtedly expensive, research suggests that individuals whose debt is forgiven get better jobs, experience higher mobility, and...
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Capitalisn't

How Should We Finance Higher Education If Not Through Student Debt? A New Capitalisn’t Episode

Bethany McLean
In a new episode of Capitalisn’t, Luigi Zingales and Bethany McLean take a look at the student debt crisis: How did we...
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Capitalisn't

Income-Driven Repayment Provides a Way to Offer Student Loan Forgiveness to Those Who Need It the Most

Constantine Yannelis
Direct loan cancellation is not the only policy option to lower student debt. If policymakers want more targeted loan forgiveness, aimed at lower income...
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Antitrust and Competition

Institution Man: How Corporations Came to Dominate the US Economy

Nicholas Lemann
In the first chapter of his book Transaction Man, Nicholas Lemann explores how Adolf Berle, author of The Modern Corporation and Private...
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Capitalisn't

eBook: Milton Friedman 50 Years Later, a Reevaluation

ProMarket writers
Over the past couple of months, ProMarket has hosted a lively debate on whether Milton Friedman was right or wrong when he...
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Capitalisn't

Capitalisn’t Is Back: Can Economists and Journalists Work Together to Improve Capitalism?

Luigi Zingales, Bethany McLean
Is capitalism the engine of prosperity, or is it the engine of destruction? On this podcast, we talk about the ways capitalism...
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Capitalisn't

Should Small Businesses Consider Bankruptcy? A New Capitalisn’t Reading List

ProMarket writers
The coronavirus has taken a heavy toll on most businesses, but it has been especially hard on small businesses. Should those businesses...
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Capitalisn't

Should We Defund the Police? A New Capitalisn’t Reading List

ProMarket writers
In this episode of the Capitalisn't podcast, Kate and Luigi take an economist's look at the concept of defunding the police.
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Capitalisn't

Break Up the Police

Luigi Zingales
In most cities in America, it is not the police that answers to the mayors, but the mayors to the police. The...
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Latest news

Inequality

Most Americans Consider Themselves Middle-Class. But Are They?

Jeffrey Wenger, Melanie Zaber
There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...
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Antitrust and Competition

Barriers to Entry as Another Source of Top Income Inequality

Philippe Aghion, Céline Antonin, Simon Bunel
A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...
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Media

ProMarket Reader Survey: We Want Your Feedback

ProMarket writers
As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...
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Corporate Governance

What Stakeholder Capitalism Can Learn From Jensen and Meckling

Alex Edmans
Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...
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Commentary

How Twitter Weakened India’s Information Ecosystem

Prateek Raj
India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts...
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Antitrust and Competition

Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott

Herbert Hovenkamp
There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry...
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Antitrust and Competition

Europe Lacks a Vision for How Apple’s App Store Fees Should Work

Randy Picker
The European Commission believes that Apple is violating European competition laws and raising prices for consumers in how it operates its App...
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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.

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