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Money in Politics

While the conventional debate usually revolves around the amount of campaign donations each candidate receives (how much), we spotlight also issues such as the concentration of donations (who donates), or more stealth forms of money in politics such as lobbying.

Antitrust and Competition

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Matt Stoller
Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...
Antitrust and Competition

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

Matt Stoller
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
Antitrust and Competition

“Democracy Is Influenced by Lobbyists, That’s Why the People Also Need Someone to Lobby for Them”

Stefano Feltri
“Individuals usually don’t have enough incentive to take action, even though it is clear they will be collectively better off by taking action.” In...
Covid-19

How to Avoid a Mass of Business Bankruptcies: Two Policy Proposals

Eric Zwick
Existing fiscal and monetary policies are powerless to restore firms’ revenues during this health emergency. Many firms will soon begin having trouble meeting their...
Antitrust and Competition

The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China

Matt Stoller
The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
Covid-19

MBA Students Against Corporate America: “Stop Lobbying the White House on the Defense Production Act”

Stefano Feltri
Since the virus outbreak, the US Chamber of Commerce has lobbied the federal government to limit the use of a piece of legislation that...
Covid-19

Covid-19, Central Banks, and Debt Monetization: a Webinar With Olivier Blanchard

ProMarket writers
Princeton Professor Markus Brunnermeier and former IMF chief economist Olivier Blanchard discuss the impact of the current global health crisis on public finances and policy...
Antitrust and Competition

How Private Equity Companies Are Lobbying to Profit from The Covid-19 Economic Fallout

Matt Stoller
Private equity funds aren’t just seeking to save the investments they already have, but to get access to more capital to invest in a...
Covid-19

A New Capitalisn’t Episode: Winners and Losers in the Stimulus Bill – a Reading List

ProMarket writers
In order to combat the coronavirus, Congress has passed a $2 trillion stimulus bill that targets individuals, small businesses, and large corporations. From an...
Covid-19

“The Way Insurance Companies Have Rigged Our Health Care System, They’re Probably Going to Emerge as Financial Winners from This”

Asher Schechter
Author and former health insurance executive Wendell Potter explains to ProMarket why the employer-based health care system in the US is “collapsing” and why health...
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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.