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Coronavirus

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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Coronavirus

The Fight Against Coronavirus: What the US Can Learn from Italian Hospitals on How to Prevent a Disaster

Daniele Macchini
In a Facebook post that has since become viral, Italian doctor Daniele Macchini offered a first-hand testimony from the Lombardy region, the epicenter of...
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News

Stigler’s Interest-Group Theory of Regulation: A Skeptical Note

Cass Sunstein
As a rule, regulation is not acquired by “the industry,” and it is not designed and operated primarily for its benefit. The...
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Antitrust and Competition

The Durable Impact of Stigler’s Theory of Economic Regulation

Sam Peltzman
George Stigler’s “The Theory of Economic Regulation” was an early application of public choice reasoning to a practical problem—the work of regulatory...
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News

Economic Regulation After George Stigler

Filippo Maria Lancieri, Luigi Zingales
George Stigler’s “The Theory of Economic Regulation” has left a lasting impact on the academic and real-world practice of regulatory policy. Fifty...
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Coronavirus

Female Academics Are Disproportionately Affected By Covid-19 Disruptions In Childcare

Tatyana Deryugina, Olga Shurchkov, Jenna Stearns
A new paper finds that academics who are parents to young children, and especially mothers, have lost a significant amount of research...
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Antitrust and Competition

Rethinking Competition: From Market Failures to Ecosystem Failures

Michael G Jacobides, Ioannis Lianos
Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited....
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Corporate Governance

A Famed Economist’s Public Company U-Turn

Brian Cheffins
Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...
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Antitrust and Competition

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

Jana Kasperkevic
In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent...
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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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