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Capture

Regulatory Capture

In a Mexican Establishment Rattled by Corruption Scandals, Impunity Reigns

John M. Ackerman
High-profile scandals like Odebrecht, The Panama Papers, and Swiss Leaks have brought down powerful politicians and businesspeople across Latin America. In Mexico, however, not a...
Regulatory Capture

Stigler on Monopolies: “Competition is a Tough Weed, Not a Delicate Flower”

Douglas A. Irwin
Many of Stigler’s views on monopoly and antitrust were consistent through the decades. Even after his concerns of monopoly began to recede, he continued...
Money in Politics

"What’s Happening in the U.S. and in European Countries Is a Reaction Against the Political Class"

Asher Schechter
"Despite some specifics on the national level, I would say that all the populist regimes and leaders share common characteristics," says José Ugaz, the...
Regulatory Capture

George Stigler on Regulation: Lessons for Today

Sam Peltzman
October 20 marks the 35th anniversary of George Stigler’s Nobel prize, the first of Booth School of Business’s grand total of eight Nobels. To...
Regulatory Capture

Who Is to Blame for the 2008 Financial Crisis?

Luigi Zingales
The IGM Center at the University of Chicago has asked its American and European economist panel to rate the main causes of the financial...
Money in Politics

“There Are Good Grounds for Being Very Cynical About Western Elites”

Asher Schechter
Ahead of his visit to the Stigler Center on October 25, Edward Luce, Washington columnist for the Financial Times and author of The Retreat of...
Money in Politics

Catalonia on the Brink: How Did We Get Here?

Jaume Ventura
Catalans simply want to vote and exercise their right of self-determination, argues Jaume Ventura of CREI; if they do not stand up for their...
Money in Politics

The Catalonian Labyrinth [Parts I & II]

Tano Santos
The Catalonian problem required farsighted political leadership. We got the opposite, and now the patients are running the asylum, says Tano Santos of...
Money in Politics

The Only Viable Option for Resisting Populist Plutocrats: “Put the Leader Aside – Address Their Supporters"

Asher Schechter
The only viable option for resisting populist plutocrats is “to put the leader aside and look at how you can address their supporters," says...
Money in Politics

“In Just About Every Generation, Many People Thought the American Republic was on the Verge of Collapse”

Guy Rolnik
The second installment of our two-part interview with Harvard Business School professor David Moss about his recent book Democracy: A Case Study. "One of the reasons...
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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.