type here...

Capture

Commentary

Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve

Franny Philos Sophia
If confirmed, Kevin Warsh would be the latest Federal Reserve chair whose career took place primarily on Wall Street rather than in academia. The ascent of Wall Street veterans in the Fed risks skewing monetary policy to favor large investors and the wealthiest, writes Franny Philos Sophia.
Commentary

Pakistan’s Real Estate Tycoons Have Captured the Media and the State

Hamza Azhar Salam
Hamza Azhar Salam discusses the recent history of real estate moguls in Pakistan buying up media outlets to influence government investigations against them and their properties and win access to powerful government offices. The moguls’ capture of the media has led to capture of the state.
Book Reviews

America Is Gambling Its Future Away

Matthew Lucky
Matt Lucky reviews Jonathan D. Cohen’s new book, Losing Big: America's Reckless Bet on Sports Gambling.
Big Tech

Open Source Is Having a Moment in AI Regulation. Here Is What the Data Says

Jérémie Haese
Jérémie Haese and Christian Peukert present new empirical findings on core open source technologies for the web and AI. Open source holds promise for making AI systems more transparent and secure, but it risks masking continued centralized control under the guise of openness.
Money in Politics

How Political Alignment Between Cities and Governors Shapes Municipal Borrowing Costs

Ramona Dagostino
In new research, Ramona Dagostino and Anya Nakhmurina discuss how political misalignment between state governors and city leadership can affect how cities access financing, particularly in municipal bond pricing and crisis prevention investment.
Capture

Why Have We Failed To Limit the Corruption of Global Capital?

Richard Messick
Richard Messick summarizes the output of last April’s Global Capitalism, Trust, and Accountability Conference, co-sponsored by the Stanford Graduate School of Business and the Center on Democracy, Development and the Rule of Law. Participants explored the mechanisms of international corruption and how citizens, states, and the international community can address them.
Academic Capture

The Political Economy of Distrust in Science

Matthew Lucky
Skewed incentives and the distribution of resources toward corporations have undermined the integrity of scientific research and contributed to the public’s distrust in expertise....
Capture

Germany’s CumEx and CumCum Financial Scandals Reveal How Democratic Institutions Fail

Gerhard Schick
Gerhard Schick discusses the CumEx and CumCum share-trading scandals that cost German taxpayers billions of euros over the course of several decades and the failures in political and social institutions that allowed these scandals to persist for so long.
Capture

How To Stop the Scourge of Corporate Pardons

Rohit Chopra
Former Federal Trade Commissioner and Consumer Financial Protection Bureau Director Rohit Chopra writes that as the federal government circumvents the rule of law by pardoning corporate infractions and crimes in exchange for political favors, individual states, citizens, and businesses will need to pursue private actions against corporate wrongdoing.
Academic Capture

How Have Ideas on Conflicts of Interest in Competition Scholarship Changed Since 2018?

Andy Shi
ProMarket interviews Magali Eben and Giorgio Monti about changes to the disclosure policy of the The Academic Society for Competition Law (ASCOLA) and the broader conversation on conflicts of interest in antitrust and competition scholarship.
123...48Page 1 of 48

Latest news

View All

The publication of the Stigler Center at The University of Chicago Booth School of Business

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.