Money in Politics

Why the US Government Buys Overpriced Services From McKinsey

The Industrial Funding Fee pays $3 million a year for a 23-year old McKinsey employee instead of hiring an experienced person directly to do...

“The Question Is Whether We Live in a Democracy or a Corporate State”

In an interview with ProMarket, Goliath author Matt Stoller discusses the political choices that led to the downfall of the American antimonopoly movement and the “addiction to...

"You Can Put the Monopoly Tiger in a Cage but You Cannot Transform a Tiger Into a Vegan"

In an extensive interview with the Swiss news website TheMarket.ch, Luigi Zingales discusses ways to deal with Big Tech and the impact of the...

Thomas Piketty, Chile's Political Chaos, and How to Change Capitalism for the Better: ProMarket’s Top Stories of 2019

As 2019 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.       Thomas Piketty’s long-anticipated follow-up to...

The Best Political Economy Books of 2019

A history of American antimonopoly, the case against Big Tech, and how Europe got better than the US at free markets: here are (in no...

"The Lack of Competition Has Deprived American Workers of $1.25 Trillion of Income"

French economist Thomas Philippon, author of the recent The Great Reversal, explains how Europe got to be better at free markets than the US and how...

The Qualcomm Case: Why Protecting American Tech Monopolies Is a Big Favor to China

The FTC sued the company that monopolized the market of components for cell phones with its aggressive patent policy. However, in the technological race...

The Betrayal of Populism: Why the New Far Right Is the Real Threat to Our Democracy

Much of the discussion on populism focuses exclusively on protest against the political system: the protest of “the people” against “the elite.” But elites...

Why Michael Bloomberg’s Run for President Creates an Unprecedented Media Problem

The first effect of Michael Bloomberg’s campaign and of his conflicts of interest is to reduce the 2020 candidates’ accountability: one of the world's...

Benjamin Netanyahu Sided With Israel's Oligarchs — and It Led to His Downfall

The indictment against Israel’s prime minister exposes an entire ecosystem of institutionalized corruption, one which has been in place long before Netanyahu came to...

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