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The Chicago School
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Insights shaping the future of capitalism.
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Insights shaping the future of capitalism
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The Chicago School
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Economic History
The Equitable Economy
The Green Economy
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Chapter 11
Defying Expectations, Bankruptcy Filings Are Down During the Covid-19 Crisis So Far
Jialan Wang
Historically, bankruptcy filings have closely tracked the business cycle and unemployment rates. However, a recent study found that this relationship has reversed during the...
The Secret Code of Capital and the Origin of Wealth Inequality
Katharina Pistor
Capital is not a thing, but a social relation enforced by the law and the state. With the right legal coding, any object, claim,...
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