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The Equitable Economy

ESG, Corporate Governance & Future of the Firm

"Current Populist Discontent Seems Mainly Driven by a Fear of Change and Uncertainty"

ProMarket writers
In the final installment of ProMarket’s interview series on the economic theory of the firm, we ask Princeton University professor Alan Blinder and University of...
ESG, Corporate Governance & Future of the Firm

Experts: Financial Rewards and Protections Are the Best Way to Incentivize Whistleblowers

Asher Schechter
Stephen Kohn, executive director of the National Whistleblower Center: “If your white-collar crime detection program is based on nice people having high moral values,...
ESG, Corporate Governance & Future of the Firm

“The Sense That the System Is Rigged Relates to Governments' Failure to Address Inequality and Concentration”

ProMarket writers
In this installment of ProMarket’s interview series on the economic theory of the firm, we ask Stanford professor Anat Admati about the role of corporations and governments...
ESG, Corporate Governance & Future of the Firm

"No Mistake About it: A Revolt Against Globalization is Underway!"

ProMarket writers
In this installment of ProMarket’s new interview series, Columbia Law School’s John C. Coffee Jr. shares some thoughts on political engagement by corporations. "Milton Friedman seems...
ESG, Corporate Governance & Future of the Firm

Study: Women in Finance Are Punished More Severely – Especially When Their Boss Is a Man

Guy Rolnik
A new Stigler Center paper shows the extent of sexism in the financial industry: although male financial advisers are three times as likely to engage in misconduct...
ESG, Corporate Governance & Future of the Firm

"Political Engagement by Corporations Derives from and is Focused on Seeking Monopolistic Power"

ProMarket writers
In this installment of ProMarket’s new interview series, Harvard Business School professor emeritus Joseph Bower shares some thoughts on rent-seeking, politics, and the role of corporations...
ESG, Corporate Governance & Future of the Firm

“So Long As Corporate Managers See Their Objective as Maximizing Returns, Rent-Seeking and Regulatory Capture Will Persist”

ProMarket writers
In this installment of ProMarket’s new interview series on the economic theory of the firm, Harvard Business School professor Lynn Paine discusses the role of corporations and...
ESG, Corporate Governance & Future of the Firm

“The Ability of Companies to Subvert the Operating Rules for the Market is a Deep, Systematic, Durable Force”

ProMarket writers
In this installment of ProMarket’s new interview series, we ask Harvard Business School professor Herman "Dutch" Leonard about the involvement of corporations in politics...
ESG, Corporate Governance & Future of the Firm

“Under President Trump and the Republican Congress, Banks Will Have Even More Ability to Write Regulations That Favor Them”

ProMarket writers
In this installment of ProMarket’s new interview series on the economic theory of the firm, we ask University of Connecticut law professor and blogger James Kwak if...
ESG, Corporate Governance & Future of the Firm

Bengt Holmstrom: "I'm More Concerned About the Economic Power of the Most Valuable Companies Than Their Political Power"

ProMarket writers
In this installment of ProMarket’s new interview series, Nobel laureate Bengt Holmstrom says “this may be the right time to look at political engagement...
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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.