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What Antitrust Experts Want You to Know About the Amazon Trial

In late September, the United States Federal Trade Commission sued Amazon for using a set of anticompetitive strategies to maintain its monopoly in the online retail market. ProMarket asked four antitrust experts —two economists and two law professors —to discuss the foundations and strength of the complaint’s arguments, the history of similar cases, and the potential for a legal remedy.

How China’s Anti-Corruption Campaign Impacted Firm Performance

William Megginson, Kedi Wang, and Junjie Xia find in new research that the Chinese Communist Party’s anti-corruption campaign produced worse firm performance by reducing managers’ risk tolerance.

Zephyr Teachout: The Death of the Consumer Welfare Standard

Zephyr Teachout provides her Round-Two comments on the draft Merger Guidelines.

The Decay of Hong Kong’s Liberal Political Economy

The Chinese Communist Party drastically reduced Hong Kong’s autonomy in 2020 with a national security law and has cracked down on resistance ever since. The consequences have left its people culturally and economically poorer, writes Casey Moser.

Call for papers: Stigler Center 2024 Antitrust Conference

The Stigler Center invites submissions of short academic articles (up to 3,000 words) focused on mapping out how antitrust enforcement impacts the development of...

The EU’s AI Act Shows How To Regulate AI. It Could Be Improved

In light of the rise of generative artificial intelligence (AI) and recent debates about the socio-political implications of large-language models and chatbots, Manuel Wörsdörfer analyzes the strengths and weaknesses of the European Union’s Artificial Intelligence Act (AIA), the world’s first comprehensive attempt by a government body to address and mitigate the potential negative impacts of AI technologies. He recommends areas where the AIA could be improved.

The Big Fail: An Interview with Bethany McLean

The Big Fail co-author Bethany McLean — also co-host of Stigler Center podcast Capitalisn’t — sits down with ProMarket to discuss how concentration and played a role in the United States government’s response to the Covid-19 pandemic.

Claudia Goldin, Nobel laureate: Gender Gaps and the Broader Agenda on Inequality

Claudia Goldin of Harvard University has been awarded the 2023 Nobel Prize in Economic Sciences. This column, written by two of her former students and now fellow scholars, outlines both the work on gender gaps in employment and wages for which she has been formally recognized, and her contributions to a broader agenda of understanding inequality in the labor market. Her research digs deep into the histories of education, technology and industrialization to uncover the drivers of inequalities in demand, supply, institutions and norms. And while her intellectual influence goes far beyond the study of gender gaps, she has inspired countless women to pursue the study of economics.

Call for 2024 Applications: The Stigler Center Affiliate Fellowship

Pre-tenure scholars based at institutions outside the United States can now apply for the Stigler Center Affiliate Fellowship. Applications are due January 16.

Closing the Revolving Door Comes With Trade-offs

How prolific is the revolving door issue at the federal level? In a new paper, Joseph Kalmenovitz, Siddharth Vij, and Kairong Xiao analyze the prevalence of revolving door behavior in the United States government and discuss the impacts of limiting private sector job prospects for regulators.

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