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The Equitable Economy

Antitrust and Competition

Big Tech, the FTC, and Ordoliberals: ProMarket’s Top Stories of 2021

ProMarket writers
As 2021 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year. In a year marked by a...
Antitrust and Competition

The Best Political Economy Books of 2021

Asher Schechter
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic...
Commentary

This Proposal Could Inadvertently Improve Corporate Accounting

Karthik Ramanna
A provision within the Biden administration’s Build Back Better bill that assesses a minimum tax on certain companies based on their income reported to...
ESG, Corporate Governance & Future of the Firm

Dislocation, Dislocation, Dislocation: Covid, the Retail Crisis, and REITs

Mark Pilkington
In an excerpt from his new book Retail Recovery, retail expert and author Mark Pilkington explores the impact of the sector's decline in the...
ESG, Corporate Governance & Future of the Firm

Addressing Climate Change Must Begin with Verifiable Carbon Accounting

Robert Kaplan
Robert Kaplan and Karthik Ramanna propose a new approach for verifiable accounting on indirect corporate emissions that would apply to all corporations, increase incentives...
Covid-19

Study: the Covid-19 Eviction Moratoriums Helped Reduce Food Insecurity and Mental Stress

Nitzan Tzur Ilan
A new study investigates the impact of 2020 Covid-19 rental eviction moratoria on the wellbeing of US households, finding that eviction moratoria across the...
ESG, Corporate Governance & Future of the Firm

The Social Responsibility of Business Includes Profits

Alex Edmans
Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not to sacrifice...
ESG, Corporate Governance & Future of the Firm

Managers Should Satisfy Only the Ethically Permissible Preferences of Shareholders

Santiago Mejia
Oliver Hart and Luigi Zingales have proposed a revision to the dominant model of the objective of the firm, most famously defended by Milton...
Economic History

Plagues Upon the Earth: How Wealth Intersects With Mortality

Kyle Harper
Kyle Harper’s new book, Plagues Upon the Earth: Disease and the Course of Human History, shows that the story of disease is entangled with...
Antitrust and Competition

Unreliable Accounts: How Regulators Fabricate Conceptual Narratives to Diffuse Criticism

Karthik Ramanna
In 2010, as the world was reeling from the global financial crisis, the body that determines generally accepted accounting principles for listed corporations in...
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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.