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Politics

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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Commentary

The Case for Optimism About America

Karthik Ramanna
The good news is that America is still the engine of global wealth creation: nothing fosters political pragmatism like prosperity. But there...
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Money in Politics

Systemic Corruption in America Spans Political Parties

Jana Kasperkevic
In an interview with ProMarket, Sarah Chayes, author of the book On Corruption in America, discussed corruption in the US and how...
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Commentary

What Saved American Democracy from Donald Trump?

Bo Rothstein
Despite President Donald Trump's attempts to undermine it, the American democracy seems to have survived. We now need to analyze more closely...
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Digital Platforms

The “Next Frontier of Propaganda”: Micro-Influencers are Paid to Spread Political Messages, Disinformation

Jana Kasperkevic
Online influencers aren’t in the business of promoting just products anymore. New research finds that micro-influencers are increasingly used to spread political...
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Latest news

Antitrust and Competition

Beefing Up Merger Enforcement by Banning Merger Remedies

Hal Singer
The unraveling of the T-Mobile/Sprint remedy continues a trend of failed merger consent decrees. One solution, proposed by two antitrust scholars, is...
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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,...
Read more
Antitrust and Competition

The New Challenges of Assessing Big Tech’s Impact

Michael Gofman, Zhao Jin
Big Tech firms are facing the biggest wave of antitrust legislation in their history. Academic literature reveals the complexity of possible consequences...
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News

The Metaphysics of Regulatory Capture

Karthik Ramanna
Stiglerian capture and corrosive cultural capture, its left-leaning parallel, are ostensibly symbionts, two attempts at identifying impediments to keeping markets competitive by...
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Capitalisn't

The Aristocracy of Talent: Business Intelligence

Adrian Wooldridge
In the following excerpt from his new book, The Aristocracy of Talent: How Meritocracy Made the Modern World, Adrian Wooldridge traces "how universities...
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Antitrust and Competition

Why Privacy Experts Need a Place at the Antitrust Table

Cristina Caffarra, Johnny Ryan
Antitrust enforcers have tended to stay narrowly “in their lane,” failing to engage with how data is collected and used by digital...
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George Stigler

Assessing George Stigler’s Economic Theory of Regulation

Cary Coglianese
Despite its flaws and limitations, Stigler’s seminal article on the theory of economic regulation remains an important piece of scholarship worthy of...
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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.

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