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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.

Antitrust and Competition

The Stimulus Package Is Too Expensive and Poorly Targeted: The Waste Contained in the CARES Act

Amit Seru
A cost-effective stimulus to mend the effects of a 24 percent drop in GDP would cost no more than $1.3 trillion over a 6-month...
Covid-19

Has Coronavirus Brought Back the Nation-State in Europe? No, Just the Need for Public Authority

Jan Zielonka
The vindication of the public sphere does not herald the return of nation-states to their past glory. This is bad news not only for...
Covid-19

From Most No-Brainer to Most Complicated: A List of Policy Proposals to Mitigate the Virus’ Impact

Tyler Cowen
Policymakers need to figure out which sectors we wish to keep up and running (food, health care), which sectors we want to contract rapidly...
Covid-19

Economics, Law and Finance Professors from Major Universities Write to Congress : “Bail Out People Before Large Corporations”

ProMarket writers
"Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those...
Antitrust and Competition

The Covid-19 Bailout That Big Business Is Lobbying for Could Make America Unrecognizable

Matt Stoller
Supporting industries is necessary to mitigate the economic impact of the pandemic. But using the coronavirus as an excuse, Boeing and other companies are...
Covid-19

Stick, Carrot, and Evergreen Loans: A Policy Proposal to Save Small and Medium-Sized Firms

Arvind Krishnamurthy
Restaurant owners, retailers, and the like employ more than 50 percent of the US workforce, yet neither have cash buffers nor access to Federal Reserve support. In...
Covid-19

The Virus Outbreak Changed the Democratic Primaries: Sanders Is Running on Borrowed Time

David Lawsky
Joe Biden swept Florida, Illinois, and Arizona on Tuesday, jumping ahead to 1,173 of the 1,991 delegates he needs to win the presidential nomination....
Covid-19

What the European Union Can Do to Overcome Liquidity Shortages for Firms

Markus Brunnermeier
European institutions can mitigate the negative impact of the coronavirus crisis: the European Investment Bank (EIB) can borrow from the European Central Bank (ECB) and...
Antitrust and Competition

Five Conditions for Corporations About to Receive Coronavirus Bailouts

Matt Stoller
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
Covid-19

This Is Not the Time to Be Cautious. We Need to Contain the Economic Contagion of the Coronavirus

Pierre-Olivier Gourinchas
The real danger is that the virus mutates and infects our economic system, even as we manage to root it out of our bodies....
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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.