In an interview with ProMarket, Swedish political scientist Bo Rothstein explains why he decided to resign from the Blavatnik School of Government after learning that Leonard Blavatnik, the school’s main financial backer, had made a substantial contribution to President Trump’s inauguration.
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The Initiative on Global Markets (IGM) and the Stigler Center are organizing a conference on the causes, as well as the key players and mechanisms, of the 2008 financial crisis.
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How the science of cooperation and cultural evolution will give us new tools in combating corruption.
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Former New York governor Eliot Spitzer talks about antitrust, digital platforms, economic concentration, and regulatory capture. Part 2 of 2.
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In a special interview with ProMarket, former New York governor Eliot Spitzer talks about financial regulation, regulatory capture, and antitrust. Part 1 of 2.
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The revolving door of government and business explained in the lab.
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In the second part of our two-part interview with Daniel Goldstein, MD, an oncologist who studies the influence of business interests on healthcare, we talk about the capture of the health system by pharmaceutical companies.
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The first part of a two-part interview with Daniel Goldstein, MD, an oncologist who also studies the influence of business interests on healthcare—from treating patients to conducting drug trials to holding health-related events. In the first part of this interview, we talk about capitalism and healthcare, what motivates physicians, and the effectiveness of healthcare systems in the U.S., the U.K., and Israel.
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The failure of Enron and subsequent demise of Arthur Andersen led to significant changes for public reporting and auditing but not much change in the concentration of audit market power among the remaining Big Four global firms: Deloitte, Ernst & Young, KPMG, and PwC.
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Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is true only in competitive product markets. When firms have market power, they will seek and obtain political influence and vice versa.
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The recently-released secret taping of a conversation between Brazil’s president Michel Temer and one of the country’s most prominent businessmen reveals the extent to which big business influences politics and the judiciary in Brazil.
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New paper finds that political and personal interests have a major impact on politicians’ decisions regarding bank bailouts.
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