Academic Capture

Should We Leave Public Resource Allocation to the Experts? Glen Weyl Responds to Paul Milgrom

Glen Weyl, Microsoft’s Office of the Chief Technology Officer Political Economist and Social Technologist, responds to Paul Milgrom’s criticisms of his recent...

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

Tainted Philanthropy in Higher Education

Our institutions of higher education should apply appropriate ethical and academic standards when considering financial donations; otherwise, they risk promoting the private interests of...

Are the Findings in Academic Economic Journals to be Trusted?

A growing number of studies provide evidence that editors (and referees) of academic journals often publish only findings showing a significant effect or surprising...

Capitalisn't in a New Episode on the Gig Economy: A Reading List

Companies like Uber, Lyft, and Doordash have brought the term "gig economy" into our lexicon. But what is the gig economy, really? In the...

A New Capitalisn't Episode: Did the Economists of the '60s and '70s Ruin the Economy?

Are economists to blame for our current state of affairs? That's the argument Binyamin Appelbaum makes in his book "The Economists' Hour." In this...

Can Google Mobilize Its Users to Lobby Elected Officials?

Google has an 87 percent market share in the search business and the potential to mobilize more voters than the Democratic primaries, according to...

The Epstein Report: How a Convicted Criminal Could Use MIT to Whitewash His Reputation

The only reason why a pedophile's donations did not violate any MIT policy is that MIT does not have any policy to prevent embarrassing...

Corporations and the Rise of the Chicago Law and Economics Movement

From its birth in 1946 onward, corporations made possible and crucially supported the rise of the Chicago law and economics movement. Aaron Director,...

The Rise of the Opioids: How Purdue Invented New Markets for OxyContin

Purdue's strategy was to market its opioids directly to patients via brochures, videos, advertisements, and the internet. It also provided information to doctors and...

LATEST NEWS

The Monopoly Harms That Antitrust Keeps Missing

In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing...

Special Interests Hide Behind Regulatory Myths

Three myths about federal regulation help prevent much of the public, and many experts, from realizing how many regulations serve to promote...

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership...

Bethany McLean’s Weekend Reading List: Eastman Kodak, Private Equity Hospitals, and America’s First Female Recession

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

Tech Monopolies Are the Reason the US Now Has a TikTok Problem

Tech platforms like Facebook say we should protect, empower, and celebrate their concentrated power for the sake of America’s national security. But...