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The Role of the State

Academic Capture

A Fair Amount of Freedom for Everyone: Aaron Director Did Have Ideals

David Henderson
David Henderson of the Hoover Institution defends the legacy of Aaron Director, the most enigmatic among the founders of the so-called "Chicago School." Director, argues...
Antitrust and Competition

The Counterfeit Capitalism of WeWork: Predatory Pricing as a Business Model

Matt Stoller
The company failed to go public and its founder, Adam Neumann, had to step down. This is good news: ordinary investors refused to put...
Antitrust and Competition

“The Digital Robber Barons Kill Innovation”: the Stigler Center's Report Enters the Senate

Luigi Zingales
In a letter submitted to the record by the US Senate Subcommittee on Antitrust currently investigating Big Tech, Luigi Zingales expounds on the Stigler...
Antitrust and Competition

Hospital Mergers: The Forgotten Problem of American Health Care

Stefano Feltri
In the US, there are more than 100 hospital mergers every year. This increasing concentration does not lead to the promised savings, nor to...
Antitrust and Competition

The Surprising Twist in GOP Economic Thinking: Tax Cuts Might Be Bad for Business

Matt Stoller
Senator Mitt Romney wrote Donald Trump a letter to stop his plan to reduce capital gain taxes. This is an important signal that a...
Antitrust and Competition

If One Monopoly Is Good for the Firm, Are Two Always Better? Aaron Director and the Tie-in Problem

Sam Peltzman
When IBM patented a punch card processing machine, it had the power to influence both the market of machines and punch cards, but this is...
Academic Capture

Presenting: The Stigler Center’s Report on How to Rein in Big Tech

ProMarket writers
The Stigler Center presents its policy suggestions on how to address the political and economic issues raised by the market power of tech platforms...
Antitrust and Competition

“The World Has Changed”: the New York Times on Luigi Zingales, the “Chicago School,” and the Threat of Tech Monopolies

ProMarket writers
A New York Times profile summarizes the work done by Luigi Zingales and the Stigler Center on regulating digital platforms and describes it as...
Antitrust and Competition

The Cost of America’s Oligopoly Problem

Asher Schechter
An innovative new study finds substantial, increasing deadweight losses resulting from oligopolistic behavior and points to the important role that startup acquisitions—particularly by large...
Antitrust and Competition

The Hidden Risk in Bernie Sanders's Plan to Save Journalism: an Unholy Alliance Between Publishers and Tech Monopolists

Guy Rolnik
Sanders's plan is important and laudable, but his proposal to use a tax on targeted advertising to fund journalism is dangerous.        Donald Trump is not the...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.