Commentary

Let’s Not Forget George Stigler’s Lessons about Regulatory Capture

George Stigler’s theory of economic regulation opened our eyes to the rent-seeking that undermines the public interest. Yet many in positions to influence policy...

Three Ways Tax Policies Increase the Black-White Racial Wealth Gap

Dorothy Brown, the author of The Whiteness of Wealth, explains how tax breaks for marriage, college, and gifts and inheritance contribute to the black-white...

Why Are So Few Law Professors Interested in Antitrust?

Over the past five years, there have been 417 self-reported new US law professor hires. Over those five years, only seven candidates have reported...

How Twitter Weakened India’s Information Ecosystem

India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts and criticism...

Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott

There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry at MLB’s...

Europe Lacks a Vision for How Apple’s App Store Fees Should Work

The European Commission believes that Apple is violating European competition laws and raising prices for consumers in how it operates its App Store. The...

An Unusual History: A Conversation Between Two Economists About the Economics Department at the University of Chicago

In conversation with Sebastian Edwards, Arnold C. Harberger reflects on his time at the Department of Economics at the University of Chicago. Editor’s note: The...

George Stigler’s Paper on Regulation and the Rise of Political Economy

George Stigler’s “The Theory of Economic Regulation” is not just the founding paper of economics of regulation. It is also a founding paper of...

Of Antitrust and Patents: the Quiet Return of the Status Quo at the DOJ’s Antitrust Division

Without Senate-confirmed political leadership, the Department of Justice quietly reverts to an Obama-era policy that favors Big Tech. The consistent theme running through Makan Delrahim’s...

The Real Dish on the T-Mobile/Sprint Merger: A Disastrous Deal From the Start

The Trump-era DOJ’s decision to allow the T-Mobile/Sprint merger will go down as one of the worst merger-enforcement mistakes in decades. This merger will...

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