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Coronavirus

Coronavirus

Defying Expectations, Bankruptcy Filings Are Down During the Covid-19 Crisis So Far

Jialan Wang, Jeyul Yang, Ben Iverson, Raymond Kluender
Historically, bankruptcy filings have closely tracked the business cycle and unemployment rates. However, a recent study found that this relationship has reversed...
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Antitrust and Competition

The Monopolists and the Pandemic: What Covid-19 Teaches Us About Concentrated Power

Barry C. Lynn
In the preface of his new book Liberty from All Masters: The New American Autocracy vs. the Will of the People, Barry...
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Antitrust and Competition

“Amazon Is Getting Richer by the Moment —But There’s a Limit to How Many People Jeff Bezos Can Buy”

Asher Schechter
In an interview with ProMarket, Barry Lynn discusses the current state of American antimonopoly, what the Covid-19 crisis has taught us about...
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Coronavirus

Regulators Should Keep a Close Eye on the Little Guys in the Race for a Covid-19 Vaccine

Jérôme Adda, Christian Decker, Marco Ottaviani
As the race to find a Covid-19 vaccine or treatment rages on, many have raised concerns over trustworthiness of clinical research and...
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Antitrust and Competition

Government Regulation is the Pro-Market Solution

Steven K. Vogel
The Covid-19 pandemic has utterly discredited the false dichotomy of government vs. markets. Extensive government regulation is a prerequisite for the proper...
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Coronavirus

Bethany McLean’s Weekend Reading List: Inequality, Remote Learning and the First Female Recession

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

Social Distancing Laws Cause Only Small Losses of Economic Activity: Scandinavian Countries as a Case Study

Adam Sheridan
A new study compares the economic performance of Sweden, which avoided a government-mandated shutdown and allowed businesses to operate freely during the...
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Coronavirus

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Jean-Pierre Dubé, Andrey Simonov, Szymon Sacher, Shirsho Biswas
Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership...
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Antitrust and Competition

More and More Employers Are Spying on Workers Online. Federal Regulators Are Okay With It

Robert Sprague
Employers today have numerous tools at their disposal to monitor workers’ behavior and communications. Outdated federal regulations and an administration that prioritizes...
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Coronavirus

How Personal Experiences With Covid-19 Are Changing Americans’ Behaviors and Political Views

Marianne Bertrand, Guglielmo Briscese, Maddalena Grignani, Salma Nassar
While strong divisions persist across party lines, personal experiences with Covid-19, such as loss of income, may affect views and preferences among...
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Corporate Governance

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

Guglielmo Briscese
The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...
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Corporate Governance

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Daniel Metzger, Philipp Krüger, Jiaxin Wu
Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...
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News

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

Jana Kasperkevic
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...
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Antitrust and Competition

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Stacy Mitchell, Zach Freed
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...
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Money in Politics

Recovering from Kleptocracy: A 10-Step Program

Larry Diamond
In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...
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Corporate Governance

How Corporate Purpose Affects Firms

Claudine Gartenberg
A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership...
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Antitrust and Competition

Market Power and Money in Politics

ProMarket writers
A Stigler Center webinar explores how businesses lobby and compete for political power and whether mergers and industry concentration affect lobbying. 
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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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