Inequality

Davos Elites Love to Advocate for Equality – So Long As Nothing Gets Done

The return to the industrial relations and tax policies of the early 19th century has been spearheaded by people who speak the language of...

The Malleable Demand for Trade Protection: How Political Campaigns Can Easily Manipulate Public Attitudes Toward Public Policy

Where does today’s anti-trade sentiment come from? A new study finds that people are particularly sensitive to job losses and outsourcing due to international...

Facebook, Extreme Inequality, and Globalization: ProMarket’s Top Stories of 2018

As 2018 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.     The early mentor to Mark...

The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide

Workers in emerging economies benefitted from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring...

Does Sweden’s Radical Right Reflect Too Much Social Inclusivity, Or Too Little?

Many have attributed the success of the far-right Sweden Democrats to Sweden's open immigration policy. Instead, a new study shows that income inequality and...

Inequality in the Middle East

Survey estimates suggest that inequality in the Middle East is not particularly high despite considerable political conflict. This column uses new ‘distributional national accounts’...

Any Press is Good Press? Study Finds Federal Investigations of University Responses to Sexual Misconduct Cases May Help Enrollments

Despite concerns among administrators that news coverage of campus sexual assault will harm universities’ reputations and bottom lines, a study finds an increase in applications...

When It Comes to Gender Imbalances, Academia’s Ignorance Is Self-Serving

The Ravina vs. Columbia case illustrates that challenging the status quo can be immensely costly. We economists should collectively think about how we can...

Why Every Good Economist Should Be Feminist

As every good economist knows, markets work best when they are competitive. Therefore, every good economist should also be a feminist, defending a level...

How to Even Out the Pains and Gains from International Trade

The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...

Latest news

Why Privacy Experts Need a Place at the Antitrust Table

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

Assessing George Stigler’s Economic Theory of Regulation

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

“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”

Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served...

The Many Faces of Stigler’s Theory of Economic Regulation: Interest Group Politics Still Thrives—But Industry Often Comes Second

Stigler treats industry groups as the heavyweights in regulatory contests. But surprisingly often groups of farmers and workers knock them for a...

Why the FTC Should Consider Size in Drug Mergers

Large pharmaceutical firms retain their dominance through size-related advantages in three areas: contracting, marketing and selling, and financing. When reviewing pharmaceutical mergers,...

In FTC vs. Facebook, the Government Lost the First Round. It Could Still Win the Fight.

Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due to the agency’s failure to explain how...

A New Antitrust Under Biden? Lessons From the Presidency of Theodore Roosevelt

The early history of the Sherman Antitrust Act offers relevant insights to contemporary debates on how to best enforce antitrust laws. In...