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Covid

Why Consolidation Undermined the Airline Industry’s Ability to Recover from the Coronavirus Crisis

A major factor contributing to the industry’s struggles during the current crisis was the loss of resiliency due to the consolidation...
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How to Save 40 percent of the Payroll Protection Program’s Costs

Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...
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Back to Work? The Political Preparation for “Phase 2” of the Pandemic Is a Matter of Trust

According to a special wave of the Booth/Kellogg Financial Trust Index, Americans have bought into social distancing rules. However, most of the respondents are...
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The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values...
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During a Pandemic, Beware the Man of One Model

"I have great respect for the scientific model builders who attempt at quantifying the uncertainty we face and those policy advisors who are willing to accept differences...
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Trump Voters Were More Reluctant to Acknowledge the Seriousness of the Pandemic and Adapt Their Behavior Accordingly

Using data on individuals' search behavior and cellphone movement data, a new study shows that areas with a high share of Trump voters began...
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Is Regulation Jeopardizing Policy Response to Coronavirus Crisis? Sendhil Mullainathan and Richard Thaler Collect Red-tape Stories

Two of the most well-known University of Chicago economists launched a website to collect examples of regulations that are limiting the United States' reaction to...
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How and When to Restart the Economy: a Webinar with Nobel Laureate Paul Romer

Princeton Professor Markus Brunnermeier and Nobel laureate economist Paul Romer explore what options we have to stop the pandemic and recover economic activities. Is...
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How Many Jobs Can Be Done at Home? In the United States, It’s 37 percent

Evaluating the economic impact of "social distancing" measures taken to arrest the spread of Covid-19 raises a fundamental question about the modern economy: How...
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A New Capitalisn’t Episode: Winners and Losers in the Stimulus Bill – a Reading List

In order to combat the coronavirus, Congress has passed a $2 trillion stimulus bill that targets individuals, small businesses, and large corporations. From an...
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LATEST NEWS

Media

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

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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Antitrust and Competition

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

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

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests 

Pauline Grosjean, Federico Masera, Hasin Yousaf
A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that...
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Antitrust and Competition

Big Tech Is Officially Too Big to Manage

Shaoul Sussman
Last week’s Congressional hearing on Big Tech showed the CEOs of the four largest tech platforms unable to answer basic questions about...
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Antitrust and Competition

The House’s Big Tech Hearing: Break Ups Large and Small?

Randy Picker
Last week’s epic House hearing on online platforms raised many issues, chief among which was the question who gets to operate at...
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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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