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Coronavirus

Coronavirus

Why Mass Testing Is Crucial: the US Should Study the Veneto Model to Fight Covid-19

Luigi Zingales
The Italian experience suggests that locking downtowns is a necessary but insufficient condition to stop the spread of the disease. If 50 percent of...
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Coronavirus

Populism Weakened the Immune System of Our Democracies. Chile Is an Example

Daniel Matamala
Modern societies have developed immune systems to deal with epidemics: international cooperation, social cohesion, universal health care systems. But today we face the greatest...
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Antitrust and Competition

Five Conditions for Corporations About to Receive Coronavirus Bailouts

Matt Stoller
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
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Coronavirus

This Is Not the Time to Be Cautious. We Need to Contain the Economic Contagion of the Coronavirus

Pierre-Olivier Gourinchas
The real danger is that the virus mutates and infects our economic system, even as we manage to root it out of our bodies....
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Antitrust and Competition

Many Republicans Are Skeptical About Coronavirus. Research Suggests That Republican Politicians Could Change That

Matt Motta
Former House Speaker Newt Gingrich is skeptical of climate change, supports teaching creationism in public schools, and opposes stem cell research. That's exactly why...
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Antitrust and Competition

Keeping Business Alive During the Coronavirus Crisis: Government as Buyer of Last Resort

Emmanuel Saez, Gabriel Zucman
The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...
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Coronavirus

Why More Elderly People Get Infected in Some Countries Compared to Others

Christian Bayer, Moritz Kuhn
Italy has a mortality rate of 6 percent while countries like Norway, Denmark, and Germany have rates still close to zero percent. The...
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Commentary

The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout

Olivier Blanchard
The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...
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Antitrust and Competition

Captured Western Governments Are Failing the Coronavirus Test

Luigi Zingales
In deciding on possible countermeasures, residents of Western democracies often hear only two opposite perspectives: Is the priority to minimize the loss of human...
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Antitrust and Competition

Why Depending on China for US Health Needs Is Dangerous

Matt Stoller
In 2018, the Health Industry Distributor’s Association opposed Trump's tariffs on China with the argument that dependence on China for things hospitals needed, like gloves,...
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Antitrust and Competition

The New Challenges of Assessing Big Tech’s Impact

Michael Gofman, Zhao Jin
Big Tech firms are facing the biggest wave of antitrust legislation in their history. Academic literature reveals the complexity of possible consequences...
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News

The Metaphysics of Regulatory Capture

Karthik Ramanna
Stiglerian capture and corrosive cultural capture, its left-leaning parallel, are ostensibly symbionts, two attempts at identifying impediments to keeping markets competitive by...
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Capitalisn't

The Aristocracy of Talent: Business Intelligence

Adrian Wooldridge
In the following excerpt from his new book, The Aristocracy of Talent: How Meritocracy Made the Modern World, Adrian Wooldridge traces "how universities...
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Antitrust and Competition

Why Privacy Experts Need a Place at the Antitrust Table

Cristina Caffarra, Johnny Ryan
Antitrust enforcers have tended to stay narrowly “in their lane,” failing to engage with how data is collected and used by digital...
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News

Assessing George Stigler’s Economic Theory of Regulation

Cary Coglianese
Despite its flaws and limitations, Stigler’s seminal article on the theory of economic regulation remains an important piece of scholarship worthy of...
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Economic History Series

“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”

Stefan Kolev, Ekkehard A. Köhler
Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served...
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Commentary

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

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