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The Equitable Economy

Income Inequality

How Insufficient Enforcement Led to Prevalent Tax Evasion and Contributed to American Inequality

Asher Schechter
The prevalence of tax evasion among the top 1 percent of the income distribution is much worse than previously thought, a study by IRS...
Commentary

How Sadie Alexander, the First Black Economics PhD, Became a Voice for Black Workers

Jana Kasperkevic
A whole century has passed since Sadie Alexander became the first African American to receive a PhD in economics in the United States. Economist...
Antitrust and Competition

The Covid-19 Pandemic Should Not Delay Actions to Prevent Anticompetitive Consolidation in US Health Care Markets

Leemore Dafny
Harvard Business School professor Leemore Dafny lays out potential reforms to assist agencies in halting anticompetitive acquisitions and practices, and to preserve and promote...
ESG, Corporate Governance & Future of the Firm

No More “Mystery Meat”: Why We Need Better Corporate Governance Data

Jens Frankenreiter
Three decades of finance, economics, and legal studies in corporate governance have been built substantially on data sets with nearly unknown provenance. A new...
Economic History

How Protests Against the Jim Crow Credit Market Changed the Civil Rights Movement

Mehrsa Baradaran
Before the civil rights movement captured the nation’s attention, activists and community groups were protesting against exploitative credit and exclusionary lending practices rooted in...
ESG, Corporate Governance & Future of the Firm

George Stigler and the Challenge of Democracy

Anat Admati
We are all victims of what George Stigler described as “the pervasive use of state support of special groups” and of governance failures everywhere....
Antitrust and Competition

Invigorating Competition in Health Care Markets: Is Rate Regulation Needed?

Tim Greaney
It now appears that market concentration may be the leading cause of America’s health care cost crisis. If the United States is going to...
Big Tech

The Digital Society: “We Live in a World Obsessed With Cost Cutting”

Jana Kasperkevic
In an interview about his new book, The Inglorious Years, economist Daniel Cohen explores the emergence of the digital society and its never-ending pursuit...
Antitrust and Competition

The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”

Asher Schechter
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages, even if...
Commentary

Three Ways Tax Policies Increase the Black-White Racial Wealth Gap

Dorothy Brown
Dorothy Brown, the author of The Whiteness of Wealth, explains how tax breaks for marriage, college, and gifts and inheritance contribute to the black-white...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.