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Media

Effective media scrutiny can help mitigate many of the problems that lead to regulatory capture, by helping the polity to become informed and mobilized. But what are the conditions that create effective media scrutiny? And why do we observe so little of it in reality? “Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.” Justice Louis D. Brandeis

Antitrust and Competition

Social Media Clickwraps and the “Manufacture of Consent”

A new study identifies a political economic interface design strategy that threatens privacy protections by maintaining “the biggest lie on the internet.”     We check the...
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Media

The News Media’s Business Model of Extortion

The Jeff Bezos vs. The National Enquirer scandal highlights the role that extortion may play in the business model of some news outlets.      Jeff Bezos’s...
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Media

Announcing the Participants in the 2019 Stigler Center Journalist in Residence Program

In March, the Stigler Center will welcome eight world-class journalists from France, Australia, India, China, Italy, Uganda, and the United States for an intensive 12-week program...
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Antitrust and Competition

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...
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ARCHIVE

Editors’ Briefing: This Week in Political Economy (December 9-16)

Congress misses an opportunity to scrutinize Google; the IRS is on life support; Johnson & Johnson reportedly knew for decades that its baby powder...
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ARCHIVE

Editors’ Briefing: This Week in Political Economy (December 2-9)

Documents released by British Parliament show Facebook’s attempts to stifle competition; the Consumer Financial Protection Bureau no longer protects consumers; provider consolidation is driving...
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ARCHIVE

Editors’ Briefing: This Week in Political Economy (November 18-December 2)

New report reveals America’s “concentration crisis”; antitrust enforcers and regulators in Europe are going after Amazon, Facebook and Google; Facebook’s ongoing Soros debacle; and...
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ARCHIVE

Editors’ Briefing: This Week in Political Economy (November 11-18)

Facebook’s latest scandal leads lawmakers to proclaim: “Big tech can no longer be trusted”; New Yorkers vow to resist Amazon’s HQ2 deal; monopolization is...
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ARCHIVE

Editors’ Briefing: This Week in Political Economy (November 4-11)

The costliest midterm election in US history ends with a victory for Democrats—and for money in politics in general; Amazon and Apple crack down...
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Media

Not Your Typical Short Seller: The Stigler Center Hosts Fahmi Quadir

Quadir, known for betting against Valeant in 2015, will discuss short selling, exposing corporate fraud and thriving in a sometimes-reviled industry lacking diversity in...
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Latest news

News

Prison Labor Can Create Perverse Incentives for Incarceration and Reduce Trust in Legal Institutions

Belinda Archibong, Nonso Obikili
Government proponents of prison labor should be mindful of the potential for negative effects, including increased incarceration rates and citizens’ deteriorating views...
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COMMENTARIES

Bethany McLean’s Weekend Reading List: Robinhood, Quibi, and Corporate America’s Addiction to Debt

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 
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Antitrust and Competition

How Germany Managed to Outlaw Facebook’s Core Business Model

Anne C. Witt
In a surprise ruling last month, the German Federal Court of Justice determined that Facebook must comply with an earlier decision by...
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Coronavirus

Tailoring Lockdowns for Developing Countries

Titan Alon, Minki Kim, David Lagakos, Mitchell VanVuren
The Covid-19 pandemic has decimated livelihoods in developing nations, and coronavirus-related deaths are rising in Africa and South Asia at an alarming...
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Antitrust and Competition

Why Most Advertisers Can’t Afford to Boycott Facebook

David Carroll
While big brands can afford to pause their addiction to Facebook, most advertisers cannot participate, as they have become so dependent on...
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Coronavirus

Can Covid-19 Erode Young Individuals’ Trust in Politics for Decades to Come?

Cevat Giray Aksoy, Barry Eichengreen, Orkun Saka
A new study shows that exposure to an epidemic during one's “impressionable years” (18-25) has a persistent negative effect on trust in...
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Antitrust and Competition

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

ProMarket writers
Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...
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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.

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