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Covid-19

The Virus Outbreak Changed the Democratic Primaries: Sanders Is Running on Borrowed Time

David Lawsky
Joe Biden swept Florida, Illinois, and Arizona on Tuesday, jumping ahead to 1,173 of the 1,991 delegates he needs to win the presidential nomination....
Covid-19

What the European Union Can Do to Overcome Liquidity Shortages for Firms

Markus Brunnermeier
European institutions can mitigate the negative impact of the coronavirus crisis: the European Investment Bank (EIB) can borrow from the European Central Bank (ECB) and...
Antitrust and Competition

How US Regulators Allowed Google and Facebook to Become Dominant

Filippo Lancieri
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
Antitrust and Competition

Five Conditions for Corporations About to Receive Coronavirus Bailouts

Matt Stoller
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
Covid-19

This Is Not the Time to Be Cautious. We Need to Contain the Economic Contagion of the Coronavirus

Pierre-Olivier Gourinchas
The real danger is that the virus mutates and infects our economic system, even as we manage to root it out of our bodies....
Antitrust and Competition

Keeping Business Alive During the Coronavirus Crisis: Government as Buyer of Last Resort

Emmanuel Saez
The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...
Antitrust and Competition

Bethany McLean’s Weekend Reading List: the Pandemic’s Long-Term Consequences

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.      Of course, this weekend's list is mostly...
Commentary

The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout

Olivier Blanchard
The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...
Antitrust and Competition

Captured Western Governments Are Failing the Coronavirus Test

Luigi Zingales
In deciding on possible countermeasures, residents of Western democracies often hear only two opposite perspectives: Is the priority to minimize the loss of human...
Antitrust and Competition

Why Depending on China for US Health Needs Is Dangerous

Matt Stoller
In 2018, the Health Industry Distributor’s Association opposed Trump's tariffs on China with the argument that dependence on China for things hospitals needed, like gloves,...
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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.