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The Equitable Economy

Income Inequality

Inequality in the Middle East

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

Does Uber Kill? The Real Cost of Ride-sharing

Luigi Zingales
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...
ESG, Corporate Governance & Future of the Firm

Does Finance Make Us Less Religious?

Mitch Warachka
Do religious congregations provide informal insurance against the risk of income loss for their congregants? A new paper examines the impact of an expansion...
ESG, Corporate Governance & Future of the Firm

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

Michela Giorcelli
During the 1950s, as part of the Marshall Plan, the US subsidized loans to help European firms purchase technology and sponsored training trips for...
ESG, Corporate Governance & Future of the Firm

Credit Ratings: What Are They Good For?

Bo Becker
The financial crisis of 2008–10 revealed that ratings are imperfect and potentially biased measures of credit risk. Analyzing a large number of mutual fund...
ESG, Corporate Governance & Future of the Firm

How the Market Can Help Break the Glass Ceiling for Women in Management

Lars Persson
A new CEPR working paper investigates how product market competition and gender-specific management career hurdles affect the gender wage gap for managers. The findings...
ESG, Corporate Governance & Future of the Firm

Why Are There So Few Bankers on American Corporate Boards?

Eric Hilt
Relatively few American companies have bankers on their boards. New research reveals that bankers were commonly represented on corporate boards in the 19th century,...
Income Inequality

Any Press is Good Press? Study Finds Federal Investigations of University Responses to Sexual Misconduct Cases May Help Enrollments

Dave E. Marcotte
Despite concerns among administrators that news coverage of campus sexual assault will harm universities’ reputations and bottom lines, a study finds an increase in applications...
Income Inequality

When It Comes to Gender Imbalances, Academia’s Ignorance Is Self-Serving

Renée Adams
The Ravina vs. Columbia case illustrates that challenging the status quo can be immensely costly. We economists should collectively think about how we can...
Academic Capture

Why Every Good Economist Should Be Feminist

Luigi Zingales
As every good economist knows, markets work best when they are competitive. Therefore, every good economist should also be a feminist, defending a level...
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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.