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Politics

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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Antitrust and Competition

The Silent Coup

Luigi Zingales
President Donald Trump's seditious actions are exposing the political power that Twitter, Amazon, Google, Apple, and Facebook enjoy. Banning him from their...
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Commentary

We Must Stop Applying Economic Standards to Political Leadership

Natasha Piano
Joseph Schumpeter, ironically remembered for glorifying the entrepreneur’s penchant for creative destruction and innovation, actually warned against exalting entrepreneurs as the redeemers of...
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Antitrust and Competition

The Best Political Economy Books of 2020

Asher Schechter
A travelogue of monopoly, the dangers of elite impunity, and the relevance of John Maynard Keynes: here are (in no particular order)...
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Coronavirus

Angus Deaton: “There’s Something Clearly Wrong With Our Corporate System, in Which Pharmaceutical Companies Are Allowed to Kill People for Money”

Asher Schechter
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton outlined what he believes the incoming Biden administration should do: introduce price...
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News

Judges Who Use Economic Reasoning in Court Decisions Rule In Favor of Business More Often

Siying Cao
A new paper finds that judges who attended law schools with a strong law-and-economics intellectual environment use more economic reasoning, which is positively correlated with...
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Commentary

The Death of Hong Kong’s Rule of Law

Benny Tai
Hong Kong's rule of law has suffered a fatal blow. With the national security law, the authoritarian regime has all that it...
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Latest news

Corporate Governance

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

Guglielmo Briscese
The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...
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Corporate Governance

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Daniel Metzger, Philipp Krüger, Jiaxin Wu
Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...
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News

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

Jana Kasperkevic
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...
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Antitrust and Competition

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Stacy Mitchell, Zach Freed
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...
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Money in Politics

Recovering from Kleptocracy: A 10-Step Program

Larry Diamond
In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...
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Corporate Governance

How Corporate Purpose Affects Firms

Claudine Gartenberg
A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership...
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Antitrust and Competition

Market Power and Money in Politics

ProMarket writers
A Stigler Center webinar explores how businesses lobby and compete for political power and whether mergers and industry concentration affect lobbying. 
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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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