The Equitable Economy

Facebook, Extreme Inequality, and Globalization: ProMarket’s Top Stories of 2018

As 2018 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year.     The early mentor to Mark...

“Short Sellers Don't Exist to Fix the Problems. They Exist to Shed Light on the Problems”

In an interview with ProMarket, Fahmi Quadir, the short seller whose bet against Valeant in 2015 helped expose the company's misdeeds, talks about short...

The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide

Workers in emerging economies benefitted from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring...

Is Market Price Relevant for Minority Shareholder Appraisal Actions?

Vice Chancellor Travis Laster of Delaware Chancery Court has recently cautioned that while courts have given greater deference to market price in appraising fair...

Does Sweden’s Radical Right Reflect Too Much Social Inclusivity, Or Too Little?

Many have attributed the success of the far-right Sweden Democrats to Sweden's open immigration policy. Instead, a new study shows that income inequality and...

Does Learning More at University Actually Pay Off in the Job Market?

Does a degree really add to students’ skills or simply point employers toward students who were clever enough to get accepted?      Education is one of...

Inequality in the Middle East

Survey estimates suggest that inequality in the Middle East is not particularly high despite considerable political conflict. This column uses new ‘distributional national accounts’...

Does Uber Kill? The Real Cost of Ride-sharing

A new Stigler Center working paper finds that ride-sharing actually increases the number of new car registrations and fatal accidents. Two years ago, the Stigler...

Does Finance Make Us Less Religious?

Do religious congregations provide informal insurance against the risk of income loss for their congregants? A new paper examines the impact of an expansion...

How a Marshall Plan Program Boosted the Performance of Italian Firms for Decades

During the 1950s, as part of the Marshall Plan, the US subsidized loans to help European firms purchase technology and sponsored training trips for...

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