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The Equitable Economy

Book Excerpts

How Societies and Families Perpetuate Gender Wealth Inequalities

Céline Bessière
In "The Gender of Capital: How Families Perpetuate Wealth Inequality," sociologists Céline Bessière and Sibylle Gollac show how ostensibly egalitarian property laws still...
Labor

How Women in the Workplace Has Changed Over the Last 50 Years

Stefania Albanesi
Decades of progress have seen greater opportunities for women in the workplace, but sizable gender gaps still remain. Stefania Albanesi, Claudia Olivetti and Barbara...
Income Inequality

To Understand Earnings Inequality, We Need To Study Hours Inequality

Daniele Checchi
A growing literature on income inequality and labor earnings has overlooked the contribution of disparities in hours worked. In new research with Lara Vivian,...
Commentary

Bail In Universities to Fix the Student Loan Crisis

Benedikt Koehler
Universities should take some responsibility for the student debt they produce. Benedikt Koehler offers several potential solutions for governments and higher education institutions to...
ESG, Corporate Governance & Future of the Firm

Investing in Influence: Investors, Portfolio Firms, and Political Giving

Marianne Bertrand
A new paper examines the relationship between the rising concentration in institutional investors' ownership of publicly traded U.S. firms and portfolio companies' political giving....
Big Tech

Twitter’s Corporate Leaders Pushed their Stakeholders under the (Musk) Bus

Lucian Bebchuk
In a new study, we examine whether, in negotiating the sale to Elon Musk, Twitter’s corporate leaders took into account the commitments to employees...
Economic History

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

Elizabeth Kennedy
American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our nation’s economic...
Fiscal Policy

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

Gustavo de Souza
The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza examines the...
ESG, Corporate Governance & Future of the Firm

Shareholder Democracy Doesn’t Work. Here’s How It Can.

Oliver Hart
An opinion piece by Oliver Hart and Luigi Zingales describes how a new voting mechanism could help individual investors persuade companies to act in...
ESG, Corporate Governance & Future of the Firm

Have Business Roundtable Companies Lived Up to Their Stakeholder Commitments?  

Lucian Bebchuk
In 2019, more than 100 CEOs of US public companies signed a Business Roundtable statement in which they pledged to deliver value to all...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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