The Role of the State

How Private Equity Companies Are Lobbying to Profit from The Covid-19 Economic Fallout

Private equity funds aren’t just seeking to save the investments they already have, but to get access to more capital to invest in a...

America’s Concentration Problem: a Webinar With Thomas Philippon, Chad Syverson, and Guy Rolnik

Watch a Stigler Center webinar with NYU professor Thomas Philippon and Chicago Booth professor Chad Syverson on Philippon’s new book, The Great Reversal: How...

The Danger of No Antitrust Enforcement: How a Merger Led to the US Ventilator Shortage

In order to enhance its market power, a large medical device manufacturer and distributor named Covidien bought up the small and competitive Newport Medical...

Why Amazon Is Poised to Emerge from the Covid-19 Crisis Stronger Than Ever

So far, Amazon has reacted to the coronavirus outbreak with restrictions designed to cement its market power at the expense of merchants and consumers. Amazon...

The Darkest Side of Monopsony: The South Korean Case

"Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea's economic miracle. But after a process of...

The Stimulus Package Is Too Expensive and Poorly Targeted: The Waste Contained in the CARES Act

A cost-effective stimulus to mend the effects of a 24 percent drop in GDP would cost no more than $1.3 trillion over a 6-month...

America’s Broken Health Care System Is the Biggest Obstacle to Containing the Coronavirus

Over the past few weeks, it has become abundantly clear that the US health care system is uniquely ill-equipped to deal with a crisis...

The Covid-19 Bailout That Big Business Is Lobbying for Could Make America Unrecognizable

Supporting industries is necessary to mitigate the economic impact of the pandemic. But using the coronavirus as an excuse, Boeing and other companies are...

Elon Musk Wants to Get Paid. He Will Get His 2019 Bonus Thanks to an Accounting Magic

In March 2018, Tesla’s Board of Directors granted Musk a potential bonus of 20,264,042 stock option awards under a  plan that uses “adjusted EBITDA” as one...

Allowing Digital Platforms to Continue Picking the Winners and Losers of Our Economy Is Un-American

Antitrust law aims to stop established companies from shutting out competitors. We should revive enforcement against exclusionary conduct, as well as structurally eliminate the...

Latest news