The Equitable Economy

Are Innovators Born or Made?

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...

Top5itis: The Disease that Affects Economics

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...

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

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...

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”

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...

Oliver Hart and the Poetry of Economic Theory

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...

How Boys Become Entrepreneurs at the Dinner Table

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...

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

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...

The Secret Driver of US Health Care Costs: Politicians Wanting to Get Reelected

A pioneering new study provides a first-of-its-kind look into the outsized effect that lobbying and political maneuverings have on health care spending. Americans spend significantly more...

Who Are the Top 1 Percent in America? The Answer from New Research Might Surprise You

A new paper challenges Thomas Piketty’s portrayal of an income distribution dominated at the top by passive rentiers who do nothing to earn their money,...

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism”

A new study by the United Nations Conference on Trade and Development argues: The “endemic rent-seeking that stems from market concentration, heightened corporate power,...

Latest news