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Corruption

Samsung and the Political Power of South Korean Chaebols: a Webinar with Sangin Park and Guy Rolnik

The Stigler Center’s 2020 Antitrust and Competition Conference will discuss the interconnection between monopolies and politics. Our pre-conference Webinar Series explores the extent to which firms can leverage...
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Too Big to Jail: How Powerful Korean Executives Escape Indictment or Conviction

The failures to hold the founding families of Korean conglomerates accountable for crimes undermined the rule of law and the corporation system, which are...
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Populism Weakened the Immune System of Our Democracies. Chile Is an Example

Modern societies have developed immune systems to deal with epidemics: international cooperation, social cohesion, universal health care systems. But today we face the greatest...
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The SEC’s Shareholder Voting Reform Runs Counter to Attempts at Democratizing Corporate America

The SEC should drop its proposed changes or modify them so that they are less onerous and less damaging to the rights of shareholders...
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The World Bank's "Papergate": Censorship Is Not the Best Way to Stop Development Aid From Fueling Corruption

A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...
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Why an Antimonopoly Movement Is the Kind of Populism That Chile Needs

President Piñera's approval rating has reached a record low, not just for the Chilean democracy, but for all of South America. The rise of...
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How Do Members of Congress React to the Potential of Lucrative Private Sector Employment?

Many fear that the potential for well-paid post-elective jobs can make legislators give rewards to their future employers. A new study finds that career...
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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...
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Why the US Government Buys Overpriced Services From McKinsey

The Industrial Funding Fee pays $3 million a year for a 23-year old McKinsey employee instead of hiring an experienced person directly to do...
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Who Benefits When State Governments Award Incentives to Politically-Connected Companies?

A new study finds that a company is nearly four times more likely to receive an economic incentive in a state where the company...
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LATEST NEWS

News

How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

Guido Tabellini
One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido...
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News

“Alberto Alesina Always Knew Where The Big Ideas Were”

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

Bethany McLean’s Weekend Reading List: Fracking, Germs, and the Global Financial Crisis

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

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

Francesco Loiacono, Mariajose Silva Vargas, Apollo Tumusiime
After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized...
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Inequality

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

Ankur Sarin
The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries....
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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.

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