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Are “Patent Trolls” Stick-Up Artists or Just Benign Middlemen?

A new study explores the dual effect that non-practicing entities, commonly known as patent trolls, have on innovation and the market of ideas.     The discussion...

Debunking Deregulation: Bank Credit Guidance and Productive Investment

Deregulated banking in rich countries delivers more “investment” in speculative asset markets, not productive businesses.     In academic and policy circles there is deep mistrust of...

When We Outsource Privacy Compliance, We May Undermine Privacy Protection

Privacy law is currently being shaped and implemented by a new industry of third-party tech vendors. These companies code their own interpretations of privacy...

“Economics Now Points Away From the Laissez-Faire Approach”

Columbia professor Suresh Naidu on Economics for Inclusive Prosperity, the new initiative he launched with Dani Rodrik and Gabriel Zucman, and why he believes...

Watch: Raghuram Rajan on How Markets and States Leave Communities Behind

In a recent Stigler Center conversation with Luigi Zingales, Rajan talked about his new book The Third Pillar and explained why today’s populists “are...

The Costs of Trump’s Import Tariffs Have Landed Entirely on US Citizens

US importers and consumers experienced $12.3 billion in added tax costs and another $6.9 billion from unrecoverable reductions in welfare arising from the 2018...

The Nation-State: The Common Root of Our Failure to Deal with High Global Inequality and Climate Change

Inequality and climate change are both global problems that cannot be solved by a single country. Yet we are stuck with the political limitations...

How Finance Affects Income Inequality

There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...

When the Interests of Monopolists and Authoritarians Coalesce

It is when the behemoth of monopoly enterprise consorts with the leviathan of the authoritarian state that both are likely to achieve permanence, writes...

Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It

A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...

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The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...

Bethany McLean’s Fourth of July Weekend Reading List: Jeff Bezos, Homeschooling, and How to Make Capitalism Work for All

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

Lifting Lockdown Measures Won’t Bring Back Lost Jobs, New Study Suggests

A new paper examines data on local outbreaks in South Korea and finds that even in the absence of lockdowns, an increase...

What Comes Next for Economic Policies to Combat Covid-19? A Conversation Between Six Booth Faculty

As the Covid-19 crisis evolves from a temporary shock into what seems like a long-term catastrophe, six finance scholars from Chicago Booth—Douglas...

A New Stigler Center Case Study Explores the Link Between Italy’s Morandi Bridge Disaster and Crony Capitalism

Two years ago, the Morandi bridge collapse claimed 43 lives. Based on financial statements, Italian government documents, and interviews with independent experts...

Few Bad Apples? New Study Finds That 40 Percent of Officers in a Large Police Force Are Discriminatory

A new paper seeks to examine whether police misbehavior is concentrated or diffuse by identifying whether highway patrol officers in Florida are...

Bethany McLean’s Weekend Reading List: Wirecard, Shale Oil, and the Fall of Chuck E. Cheese

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.