The SEC’s Proposal on Proxy Advisor Regulation Shields CEOs From Accountability to Investors

SEC Commissioner Robert Jackson dissented from his SEC colleagues’ proposal on how to reform proxy advisors regulation. New rules, he argues, would introduce a tax on firms who recommend that shareholders vote in a way that executives don’t like. Jackson’s analysis also shows that the proposed changes will remove key CEO accountability measures from the ballot.  

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Why a New Digital Authority Is Necessary

A recent Washington Post op-ed claimed that creating a digital authority to regulate Big Tech would be a disaster because of high costs and the risk of being captured by regulated companies. Fiona Scott Morton and Luigi Zingales defend the agency proposed by the Stigler Center’s report on digital platforms.   

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The Other Side of Trump’s Shadow Diplomacy: After Ukraine, Quid Pro Quo in Italy Too?

The White House asked the Italian government for support in its “investigation on the investigators” to prove the existence of a Democratic plot against Donald Trump in 2016. Prime Minister Giuseppe Conte secretly cooperated and then received a crucial public endorsement from Trump in the midst of a political crisis. The next episode of the impeachment story will be staged not in Kyiv, but in Rome.

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How the “Watergate Babies” Released the Beast of Monopoly Upon America

Why did Washington respond to the 2008 financial crisis by pushing even more wealth and power into the hands of the same people that caused it? The answer is partly rooted in the legacy of the angry young Democrats who entered Congress in the wake of the Watergate scandal and unwittingly loosened the chains of concentrated corporate power.  

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How Powerful Ideas Can Shape Society: Aaron Director and the Triumph of Nihilism

The rise of giants like Amazon and Facebook proves the long-lasting influence of Director’s approach. His intellectual and political legacy is the transition of legitimacy from democratic institutions as the locus of governing power to private monopolies.  

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Presenting: The Stigler Center’s Report on How to Rein in Big Tech

The Stigler Center presents its policy suggestions on how to address the political and economic issues raised by the market power of tech platforms like Google and Facebook. The result of a year-long, multidisciplinary research, the recommendations are aimed at promoting competition, protecting consumers, and defending democracies while maintaining the benefits of digital platforms.  

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