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Delaware: The State Where Companies Can Vote

Hal Weitzman
Adapted from What’s the Matter with Delaware: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us All, published...
ESG, Corporate Governance & Future of the Firm

Are “Bankruptcy Directors” Bad for Creditors?

Jared Ellias
A new paper studies the rise of so-called “bankruptcy directors,” typically former bankruptcy lawyers, investment bankers, or distressed debt traders who join corporate boards...
ESG, Corporate Governance & Future of the Firm

How the US Partisan Divide Shapes Global Capital Flows

Elisabeth Kempf
A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US institutional investors...
News

Why Financial Regulations Might Fail to Produce Their Desired Outcome: The Case of the Capital Conservation Buffer

Hamid Mehran
The capital conservation buffer (CCB) was created after the 2008 financial crisis, instructing banks to retain their dividends in an escrow account and create a...
Antitrust and Competition

Big Tech, the FTC, and Ordoliberals: ProMarket’s Top Stories of 2021

ProMarket writers
As 2021 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year. In a year marked by a...
Antitrust and Competition

The Best Political Economy Books of 2021

Asher Schechter
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic...
Academic Capture

Cogs and Monsters: Is Economics Destined to Remain a Dismal Science?

Jana Kasperkevic
In her bold new book Cogs and Monsters: What Economics Is, and What It Should Be, Cambridge professor Diane Coyle offers a road map...
Academic Capture

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance 


Renée Adams
One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from being conducted...
Academic Capture

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

Luigi Zingales
On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in political finance. Do you have a similar story...
News

How Interest Groups Utilize Reverse Revolving Doors to Influence Legislative Voting

Miguel Alquézar Yus
A new study finds that legislators who worked for interest groups before taking office influence the voting behavior of their colleagues when the motion...
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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.