Money in Politics

Wealthier Donors Prefer Hillary Clinton

Hillary Clinton’s donors are wealthier than Donald Trump’s, at least judging from the value of their homes. The median home price of Clinton’s supporters...

Academic Literature Shows: The Problems with Regulating Campaign Finance Are Deeper Than Mere Lack of Political Will

The experience of regulating campaign finance in the last four decades tells us that the "donor class" has found ways to turn wild once and...

In the 2016 Presidential Election, Only 0.4 Percent of Donations Were Made by Donors Who Donated to Multiple Candidates

In the 2016 election, Donald Trump received few donations from people who had donated to other candidates in the Republican primary; the opposite occurred...

Employees of Large Companies Favor Hillary Clinton

Clinton received overwhelming support from workers in the banking, tech, and mobile industries. 98 percent of the total amount raised by workers at financial institutions...

Donald Trump and the Political Economy of Real Estate Tax in the US: Q&A With Professor Edward Kleinbard

Edward Kleinbard from the University of Southern California explains how Donald Trump was potentially able to lose nearly a billion dollars of his investors’...

Donation Preferences: Republicans Outnumbered in Academia

Vast majority of faculty and staff members from universities support Hillary Clinton. Donald Trump's percentage of donations from faculty and staff is on average 0.5...

The Real Lesson From Brexit

A widespread mistrust of experts can lead to political decisions, like Brexit, that might have negative consequences for the very people who vote for them. How...

Donald Trump, Crony Capitalist

The sleep of reason produces monsters, at least according to Spanish painter Francisco Goya. What happens when the political reason is intoxicated by vested...

Latest news

Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones.

Bethany McLean’s Weekend Reading List: Elder Care Facilities, Twitter, and Pot

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

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

How Market Design Economists Helped to Engineer a Mass Privatization of Public Resources

In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way...

How Alberto Alesina Challenged the Median Voter Theorem

"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan...

Not Everyone Agreed With Alberto Alesina, but Nobody Could Ignore the Work He Did

Harvard professor Jeffry Fridel was a friend and a colleague of Alberto Alesina. They shared the beginning of their careers, a house...

The Death of Independent Podcasting: What Spotify Is Trying to Do With the Joe Rogan Deal

Spotify is gaining power over podcast distribution by either buying production directly or striking exclusive deals, as it did with Rogan. Once...