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Democracy

Democracy

Mathematical Flaws in Ranked Choice Voting Are Rare but Real

David McCune
A political movement in the U.S. is encouraging municipalities and states to adopt ranked choice voting as a supposedly more representative voting method. In...
Democracy

Repeat Voting: A Simple Way To Get More Representative Results

Sergiu Hart
Democratic elections suffer from several shortcomings, including low voter turnout and the effects of inaccurate polling. Sergiu Hart suggests adopting a simple repeat voting...
Democracy

Different Voting Methods Produce Different—and More Accurate—Results

Aaron Hamlin
There is a significant ongoing debate in the United States on the merits of plurality voting (how most American elections are conducted) and how...
Commentary

Corporate Political Responsibility in a Captured Economy

Claudine Schneider
Most attention on corporate governance has focused on businesses’ social responsibility. Claudine Schneider and Ed Dolan write that businesses need to take into account...
Commentary

How the Start-Up Nation Could Fail

Lucian Bebchuk
Lucian Bebchuk and Oliver Hart explain why Israel’s proposed legal transformation would undermine not only its democracy but also its economy. Israel’s ruling coalition is...
Commentary

What Are The Media For?

Surya Gowda
In response to ProMarket's debate about the Twitter Files and the roles of social media and traditional media, Surya Gowda argues that a more...
Democracy

Climate Change Is Shifting Voter Behavior in Low-Income Countries

Amrit Amirapu
Farmers in low-income countries have multiple channels through which they respond to climate change. Some switch to growing more heat-resilient crops or crops that...
Democracy

Elections Hinder Companies’ Access to Credit

Florian Léon
A large body of literature has produced uncertain conclusions about how elections affect firms’ access to credit. In a wide-ranging analysis of firm behavior...
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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.