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Politics

Coronavirus

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That From Becoming the New Normal

Gabriele Gratton, Barton Lee
A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...
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Money in Politics

The Rise of Business Politicians

Ilona Babenko, Viktar Fedaseyeu, Song Zhang
Over the last two decades, the share of senior corporate executives holding national political office has increased in the United States as...
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Commentary

The Costs of Political Misalignment: Forest Fires and Bank Loans in Turkey

Orkun Saka
Recent wildfires in Turkey have not only destroyed more than 95,000 hectares of its coastal forestland but also divided the country further...
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Commentary

Unsettled: What is the Economic Impact of Climate Change?

Steven Koonin
In his book Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters, Steven Koonin explores misconceptions and shortcomings in...
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News

Reaching for Influence: Do Banks Use Loans to Establish Political Connections?

Mahsa Kaviani, Hosein Maleki, Pavel Savor
A new study examines whether privately-owned banks seek political influence by offering preferred loan terms to corporate borrowers with valuable political connections,...
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Commentary

Electoral College Reform: New Problems or Real Solutions?

Laurent Bouton, Micael Castanheira, Garance Genicot
Each electoral system creates specific incentives to (mis)allocate government resources. Would putting the National Popular Vote (NPV) in lieu of the Electoral...
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Antitrust and Competition

Who Benefits From Competitive State-Level Legislatures?

Manav Raj
A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to...
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Antitrust and Competition

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

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

Holding Corporations and Executives Accountable Depends on Our Legal System

Vikramaditya Khanna
How can the law prevent and deter corporate wrongdoing? The answer might lie in identifying what factors are associated with greater wrongdoing...
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Antitrust and Competition

Antitrust at CPAC: Conservatives Debate Breaking Up Big Tech

Jana Kasperkevic
Speaking at the 2021 Conservative Political Action Conference, Congressmen Darrell Issa and Ken Buck discussed their stances on breaking up Big Tech,...
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Economic History Series

The Fall of American Manufacturing and the Rise of Health Care

Gabriel Winant
In an excerpt from his new book The Next Shift, University of Chicago historian Gabriel Winant explores how deindustrialization and the decline...
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Antitrust and Competition

Antitrust and the FTC: Franchise Restraints on Worker Mobility

Herbert Hovenkamp
As currently formulated, antitrust’s rule of reason approach is not the best tool to deal with vertical noncompete agreements that limit worker...
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Antitrust and Competition

How to Make the Market for Real Estate Agents More Competitive

Sophia Gilbukh, Paul Goldsmith-Pinkham, Michael Sinkinson
Delinking buyer and seller commissions will make markets for real estate agent services more competitive, allowing buyers and sellers to negotiate commissions...
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Corporate Governance

Dislocation, Dislocation, Dislocation: Covid, the Retail Crisis, and REITs

Mark Pilkington
In an excerpt from his new book Retail Recovery, retail expert and author Mark Pilkington explores the impact of the sector's decline...
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Corporate Governance

Addressing Climate Change Must Begin with Verifiable Carbon Accounting

Robert Kaplan, Karthik Ramanna
Robert Kaplan and Karthik Ramanna propose a new approach for verifiable accounting on indirect corporate emissions that would apply to all corporations,...
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Antitrust and Competition

The FTC Was Correct to Withdraw the Vertical Merger Guidelines

Steven Salop
The 2020 Vertical Merger Guidelines, now withdrawn by the FTC, did not represent sound merger policy, argues Steven Salop; rather, they were...
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Economic History Series

The Chicago Planning Program and the Interdisciplinary Tradition of the Chicago School

Daniel Kuehn
The Chicago Planning Program, an interdisciplinary program that operated at the University of Chicago between 1947 and 1956, is an often-neglected part...
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