Commentary

The Many Faces of Stigler’s Theory of Economic Regulation: Interest Group Politics Still Thrives—But Industry Often Comes Second

Stigler treats industry groups as the heavyweights in regulatory contests. But surprisingly often groups of farmers and workers knock them for a...

In FTC vs. Facebook, the Government Lost the First Round. It Could Still Win the Fight.

Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due to the agency’s failure to explain how...

The Incoming Currency War

Four powerful forces—cryptocurrencies, the decoupling of geographical and monetary boundaries, ad-based digital platforms’ foray into the world of payments, and the value...

Charting a Path Forward for College Athletes to Receive Pay

How should colleges pay their student-athletes? A likely model lies with another group of university students, who like near-pro athletes receive tuition...

George Stigler’s Errors and Their Virtues

George Stigler might have been wrong in his essay on economic regulation, but his influence is undeniable. The unity of purpose in...

The House’s Recent Spate of Antitrust Bills Would Change Big Tech as We Know It

If enacted, the five bills that were introduced in the House this month would represent the most dramatic statutory changes to US...

Congress’ Antitrust War On China and American Consumers

The latest bills currently debated in Congress regarding Big Tech—the US Innovation and Competition Act that was passed by the Senate this...

Fake Comments Cause Real Harm: How the Public Comment Process Was Corrupted

Turning a blind eye to the corruption of the public comment process—or worse, lumping together genuine mass comments with fraudulent comments—corrupts the...

How Sadie Alexander, the First Black Economics PhD, Became a Voice for Black Workers

A whole century has passed since Sadie Alexander became the first African American to receive a PhD in economics in the United...

Electoral College Reform: New Problems or Real Solutions?

Each electoral system creates specific incentives to (mis)allocate government resources. Would putting the National Popular Vote (NPV) in lieu of the Electoral...

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Buchanan’s Samaritan’s Dilemma

The Samaritan’s dilemma is not only about the detrimental effects help can have on the beneficiaries. As James Buchanan explained in his...

How Will the FTC Evaluate Vertical Mergers?

The Federal Trade Commission’s recent withdrawal of its 2020 vertical merger guidelines is flatly incorrect as a matter of microeconomic theory and...

Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program

This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United...

The Roots of America’s Competition Revolution

Proponents of the current transformation in America’s competition policy managed to shape legislative reform proposals, push public antitrust agencies to boost enforcement, and successfully...

Looks Can Be Deceiving: Ronald Coase and the Chicago School

Ronald Coase is typically thought of as one of the Chicago School’s brightest lights. But Coase’s relationship with Chicago was always an...

A New Browser Extension Aims to Bring Transparency to Big Tech Funding

As Congress prepares to debate a series of new antitrust bills​, the​ Big Tech Funding browser extension encourages lawmakers to be mindful...

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a...