The Equitable Economy

How to Even Out the Pains and Gains from International Trade

The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...

Corporate Auditing Is Broken. Here’s How to Fix It

The ostensive watchdogs of market disclosure have become poster boys for corporate chicanery, argues Karthik Ramanna of Oxford’s Blavatnik School.     Auditors are in the business of...

When Social Policy Saves Lives: Analyzing Trends in Mortality Inequality in the United States and France

Understanding how inequalities in health and inequalities in income are connected is key for policymaking. New research analyzing mortality trends in the United States...

The World Cup of Fraud

Scandal-rocked FIFA has sought to scrub up its image by bringing in ostensibly disinterested outsiders to fill oversight roles. Here, Steven A. Bank argues...

How US Voters React to Immigration in the Voting Booth May Depend on Both Immigrants’ and Native Residents’ Skill Levels

A new working paper has revealed two strikingly divergent correlations between increases in high-skilled and low-skilled immigration and change in Republican vote share since...

Gabriel Zucman: “Some People in Economics Feel That Talking About Inequality Is Not What Economists Should Be Doing"

The rising scholar of taxation and inequality talks to ProMarket about the problems excessive economic power poses for open political systems, how states can...

Depositors Disciplining Banks: The Impact of Scandals

Can depositor activism make a real difference? New research set to be presented at the upcoming Stigler Center Political Economy of Finance conference examines the Dakota...

Education Quality Has Less to Do with Adult Outcomes Than You Might Think

A new paper assesses the contributions of education and labor markets to differences across regional labor markets in the United States and finds that differences in access to...

Excessive Zoning Makes Us Poorer and More Unequal

We normally think of income inequality as a function of differences in class or socioeconomic status. But much more than generally realized, geographic differences...

Do Firms Use Capital and Labor Efficiently? Evidence and Implications of Resource Misallocation

Economists have for a decade or so theorized that moving productive inputs like labor and capital into the firms that make the best use...

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