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Coronavirus

Coronavirus

Managing the Covid-19 Pandemic: Good Health Policy Is Good Economic Policy

Flavio Toxvaerd
Many economists object to framing the response to the Covid-19 pandemic as choosing between health and wealth. Health protection and wealth creation...
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Coronavirus

How Pfizer’s Vaccine Announcement Demonstrates the Political Power of Firms

John M. Barrios, Luigi Zingales
By timing the disclosure of the results of its vaccine trial, Pfizer could have influenced the 2020 presidential election. This is worrisome...
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Coronavirus

The Covid-19 Vaccine is Nearly Here. The Question is: Will People Take It?

Barry Eichengreen, Cevat Giray Aksoy, Orkun Saka
In addition to the challenges involved in manufacturing and distributing the new Covid vaccine from Pfizer, the reluctance of many Americans to...
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Coronavirus

Covid-19 Is Reducing Americans’ Confidence Across Institutions

Marianne Bertrand, Guglielmo Briscese, Maddalena Grignani, Salma Nassar
Latest US household survey findings reveal that the Covid-19 crisis caused a sharp reduction in Americans’ confidence in institutions—whether or not they...
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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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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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