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Money in Politics

While the conventional debate usually revolves around the amount of campaign donations each candidate receives (how much), we spotlight also issues such as the concentration of donations (who donates), or more stealth forms of money in politics such as lobbying.

Commentary

Break Up the Police

Luigi Zingales
In most cities in America, it is not the police that answers to the mayors, but the mayors to the police. The only solution...
Commentary

Are We Witnessing the Fall of the American Liberal Order?

Karthik Ramanna
In the past 30 years, liberalism has not lived up to its promise to deliver economic returns for the broad majority of society. But...
Antitrust and Competition

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

Stefano Feltri
Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum auction, thanks...
Covid-19

Webinar: Covid-19 and the US Health Care System

ProMarket writers
Political Economy of Covid-19 Series: Watch a Stigler Center conversation between author, journalist, and former health insurance executive Wendell Potter and Chicago Booth professor Neale...
Money in Politics

How Barack Obama Spurred the End of America’s Public Presidential Election Funding System

Julia Cagé
Through 2004, all candidates in the general presidential election opted for public funding and reimbursement of their campaign expenses. Then, in 2008, Barack Obama...
Covid-19

Economic Crisis and Poverty Might Kill More People Than the Coronavirus

Daniel Matamala
Saving lives is the priority. Doing so depends on a delicate balance between health, economic, and social variables. But, above all, it depends on a population that trusts that these measures seek the common good, not the interest of a few.
Antitrust and Competition

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Matt Stoller
Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...
Antitrust and Competition

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

Matt Stoller
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
Antitrust and Competition

“Democracy Is Influenced by Lobbyists, That’s Why the People Also Need Someone to Lobby for Them”

Stefano Feltri
“Individuals usually don’t have enough incentive to take action, even though it is clear they will be collectively better off by taking action.” In...
Covid-19

How to Avoid a Mass of Business Bankruptcies: Two Policy Proposals

Eric Zwick
Existing fiscal and monetary policies are powerless to restore firms’ revenues during this health emergency. Many firms will soon begin having trouble meeting their...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.