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The Equitable Economy

ESG, Corporate Governance & Future of the Firm

The Motives of “Joiners” Explain Higher Rates of Innovation in Startup Firms

Henry Sauermann
It’s not just the founders of startups who boast an entrepreneurial spirit and a willingness to take risks. Those who join new ventures show...
ESG, Corporate Governance & Future of the Firm

The Culture of Overconfidence: Why Leaders Stick to Pet Projects That Aren’t Working

V. Bhaskar
What are the rational incentives for executives or politicians to push ahead with failing or inefficient initiatives? For answers, authors Bhaskar and Thomas look...
ESG, Corporate Governance & Future of the Firm

Do We Need to Mandate Firms’ Reporting And Auditing?

Matthias Breuer
Back in the 1960s, George Stigler called into question whether states should require firms to publicly report their financials. A recent Stigler Center working...
ESG, Corporate Governance & Future of the Firm

Are Innovators Born or Made?

Elizabeth Lyons
The question of whether people are born with innovative talent or can develop it has knock-on effects to issues ranging from productivity growth in...
ESG, Corporate Governance & Future of the Firm

Top5itis: The Disease that Affects Economics

Roberto Serrano
Top5itis is a disease that currently affects the economics discipline. It refers to the obsession of the profession of academic economists with the so-called...
ESG, Corporate Governance & Future of the Firm

10th Year of Chicago Booth/Kellogg School’s Financial Trust Index Shows an Uptick of Public Faith in Markets

Linda Wu
A decade after the financial crisis, average faith in market institutions is recovering—especially among high-income individuals and Republicans—while trust in government is on a...
Income Inequality

Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”

Asher Schechter
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality. In December, the United...
ESG, Corporate Governance & Future of the Firm

Oliver Hart and the Poetry of Economic Theory

Luigi Zingales
At this year's annual ASSA meeting, Stigler Center Director Luigi Zingales delivered a lecture honoring Oliver Hart, winner of the 2016 Nobel Prize for economics. Read...
ESG, Corporate Governance & Future of the Firm

How Boys Become Entrepreneurs at the Dinner Table

Hans K. Hvide
New research from Hans K. Hvide and Paul Oyer has uncovered some interesting facts about men who start businesses: most of them do it in the...
ESG, Corporate Governance & Future of the Firm

Wondering How Your Financial Advisors Rank for Misconduct? There’s a Web App for That

ProMarket writers
A new site created by ProMarket board member Amit Seru (Stanford) and co-authors Mark Egan (Harvard) and Gregor Matvos (UT Austin) offers free data and...
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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.