Uncategorized

Democratize Work

An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work. Note: On May 16, 2020,...

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles antitrust enforcement...

How Does Party-State Capitalism In China Interact With Global Capitalism?

Excerpted from The China Questions 2: Critical Insights Into Us-China Relations, edited by Maria Adele Carrai, Jennifer Rudolph, and Michael Szonyi, published by Harvard...

Will “Portfolio Primacy” Throw a Monkey Wrench in Elon Musk’s Plans to Acquire Twitter?

The SEC's definition of fiduciary duty allows institutional shareholders to vote against Elon Musk's Twitter takeover bid thanks to portfolio primacy. Is the Musk...

Serving Shareholders Doesn’t Mean Putting Profit Above All Else

The time has come for companies, economists, and society to abandon the argument that the only responsibility of business is to maximize profits. Editor’s note:...

“Thank You and Farewell”: Francesco Trebbi on Alberto Alesina’s Intellectual Legacy

There are two main intellectual precursors of modern political economy in 20th Century: Social Choice and Public Choice. In founding modern political economy, Alberto...

How Alberto Alesina Challenged the Median Voter Theorem

"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan policies but...

Not Everyone Agreed With Alberto Alesina, but Nobody Could Ignore the Work He Did

Harvard professor Jeffry Fridel was a friend and a colleague of Alberto Alesina. They shared the beginning of their careers, a house (for a...

“There Are Few Things More Exciting Than Learning Something New and Important About Humanity”: Alesina’s Scientific Odyssey

"It is a rare scholar who does research in his 60s that is as exciting as the research that he did in his 30s": Alberto...

“Alberto Alesina Always Knew Where The Big Ideas Were”

Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He shaped the...

Latest news