Regulatory Capture

Public Trust in Government Falls as Government Shutdown Continues

Amid the longest government shutdown in US history, and with no light at the end of the tunnel, the latest Financial Trust Index (FTI)...

Facebook, Extreme Inequality, and Globalization: ProMarket’s Top Stories of 2018

As 2018 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.     The early mentor to Mark...

The Solution to the Auditing Industry’s Oligopoly Problem? More Competition

The UK’s reviews of the Big Four auditing firms have largely adopted an approach of more regulation and government oversight. This approach is not...

“Short Sellers Don't Exist to Fix the Problems. They Exist to Shed Light on the Problems”

In an interview with ProMarket, Fahmi Quadir, the short seller whose bet against Valeant in 2015 helped expose the company's misdeeds, talks about short...

One Year After the Net Neutrality Repeal: the FCC Has Abdicated Its Role Protecting Consumers and Competition

Every promise made by broadband providers and every reason cited by the FCC in its decision to eliminate the net neutrality rules has proven...

“US Regulators Have Essentially Become Do-Nothing Institutions”

In an interview with ProMarket, Jonathan Tepper talks about the rise of America’s oligopoly problem, why he believes antimonopoly is not a left-right issue,...

Mercenary Science: How Corporate Partnerships Can Corrupt Public Universities

UC Berkeley’s disastrous partnerships with Novartis and BP are cautionary examples of all that could go wrong when public universities allow private interests to...

Subsidies to Amazon Are Uneconomical, Un-American, and Unconstitutional

Corporate subsidies are a negative-sum game. They foster crony capitalism, hurt productivity growth and inflict great harm on product market competition. As soon as Amazon announced...

Ten Years After the Financial Crisis: “We Are Safer, But Not As Safe As We Should and Could Be”

Experts from academia and industry gathered at the University of Oxford to revisit what went wrong in the run-up to the 2008 financial crisis,...

“In the Wake of the 2008 Crisis, You Can't Ignore the Influence of Big Business on Economic Policy”

Historian and author Adam Tooze talks to ProMarket about how the financial crisis “remade” American capitalism, why the US response to the crisis was...

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