Academic Capture

Editors’ Briefing: This Week in Political Economy (July 21–27)

The rumors of Facebook’s newfound vulnerability have been greatly exaggerated; Google reportedly employs more contractors than actual employees; Britain has a monopoly problem; and...

On Science Advancing One Funeral at a Time

Do star scientists erect barriers to entry for newcomers in their fields? Pierre Azoulay and Joshua Graff Zivin bring some data to the question...

Editors’ Briefing: This Week in Political Economy (May 26–June 2)

Google gives up Project Maven following "terrible" backlash; angry Facebook shareholders demand an end to Mark Zuckerberg's "dictatorship"; American startups are in a 13-year slump; and Italy...

The Other World Bank Scandal: A New Study Documents How Corporate Collusion Hurts the Bank’s Credibility—and Harms Sustainable Development

While the World Bank scrambles to contain the Doing Business rankings firestorm, a new paper by Rabia Malik and Randall Stone traces a more...

Have Business Schools Lost Their Way? Duff McDonald Talks HBS and the Moral Failure of the MBA Elite

Harvard Business School is the largest business school in the world, but is it fulfilling its founding mission of educating businesspeople who "handle their...

“A Slow, Creeping Consolidation of Power by Big Money Over Think Tanks in the United States”

Following his ouster from New America, antitrust scholar Barry Lynn talks to ProMarket about academic capture and the power of digital platforms like Google. Over the...

Bo Rothstein Explains Why He Resigned From Oxford Over Donor's Link to Donald Trump

In an interview with ProMarket, Swedish political scientist Bo Rothstein explains why he decided to resign from the Blavatnik School of Government after learning...

Why Have Soda Companies Funded Nearly 100 Health Organizations in the Last Five Years? Q&A With Michael Siegel

According to a new study, the world’s largest soda companies have sponsored 96 national health organizations during the last five years.  Last June, Philadelphia became...

The ProMarket Monthly Roundup

The first edition of our monthly roundup that includes ProMarket posts from the previous month, as well as interesting stories from our “Weekly Briefing” section. The...

LATEST NEWS

The ACCC’s News Media Bargaining Code: Experimenting with “Decentralized Regulation” of Dominant Digital Platforms

The Australian Competition and Consumer Commission recently proposed a mandatory bargaining code to govern negotiations between digital platforms like Google and Facebook...

Market Forces Already Address ESG Issues and the Issues Raised by Stakeholder Capitalism

Eugene Fama: When do market forces push firms toward stakeholder goals, rather than just shareholder goals? When do market forces push firms...

Capitalisn’t Is Back: Can Economists and Journalists Work Together to Improve Capitalism?

Is capitalism the engine of prosperity, or is it the engine of destruction? On this podcast, we talk about the ways capitalism...

Missing in Today’s Shareholder Value Maximization Credo: The Shareholders

Luca Enriques: Today’s corporate world is very different from the one Milton Friedman wrote in. In a world where the question of...

Australia’s News Media and Digital Platforms Bargaining Code is Great Politics But Questionable Economics

If the Australian government wants to subsidize high-quality journalism then it should, well, subsidize high-quality journalism. The new proposed ACCC code would...