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Income Inequality

Antitrust and Competition

Banning Noncompete Agreements Benefits Low-Wage Workers

Evan Starr
Examining the effects of a 2008 ban on noncompete agreements for low-wage workers in Oregon, a recent paper finds that the ban increased average...
Income Inequality

The Lousy Job Economy: Young People Bear the Brunt of a Long-Term Decline in American Job Quality

David R. Howell
A new study finds a steady decline in the quality of American jobs between 1979 to 2017, even as GDP has grown. This decline...
Income Inequality

Fighting Poverty With Field Experiments: the Nobel Laureates' Revolution

Vincent Pons
As a student, Harvard Business School professor Vincent Pons decided to become an economist after a project in Morocco with Esther Duflo. The co-recipient...
Commentary

Esther Duflo: How to Find the Right Questions

Esther Duflo
In this piece, originally published in 2011 by the American Economic Association's Committee on the Status of Women in the Economics Profession, Esther Duflo, co-recipient of...
Academic Capture

Economics’ Lack of Interest in Gender Proves: the “Dismal Science” Really Is Dismal

Renée Adams
Economists are still in the dark about the role of gender. For economics to be credible, we have to recognize that our knowledge is...
Income Inequality

“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism

Asher Schechter
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
Income Inequality

How a Simple Tweak to a Federal Form Could Help Borrowers Potentially Avoid Defaulting on Student Loans

Constantine Yannelis
A federal program seeks to help borrowers avoid defaulting on their student loans through income-based repayment plans, but many eligible borrowers do not enroll....
Commentary

With the US and China, Two Types of Capitalism Are Competing With Each Other

Branko Milanovic
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
Antitrust and Competition

The Surprising Twist in GOP Economic Thinking: Tax Cuts Might Be Bad for Business

Matt Stoller
Senator Mitt Romney wrote Donald Trump a letter to stop his plan to reduce capital gain taxes. This is an important signal that a...
Income Inequality

The Secret Code of Capital and the Origin of Wealth Inequality

Katharina Pistor
Capital is not a thing, but a social relation enforced by the law and the state. With the right legal coding, any object, claim,...
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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.