Democracy

How to Get Police Reform Done? Use Direct Democracy

Instead of just imploring their representatives to fix things, Americans can use the tools of direct democracy to take charge and promote...

Are We Witnessing the Fall of the American Liberal Order?

In the past 30 years, liberalism has not lived up to its promise to deliver economic returns for the broad majority of...

Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”

In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and...

The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent

The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...

How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media

A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...

"The Question Is Whether We Live in a Democracy or a Corporate State"

In an interview with ProMarket, Goliath author Matt Stoller discusses the political choices that led to the downfall of the American antimonopoly movement and the “addiction to...

The Best Political Economy Books of 2019

A history of American antimonopoly, the case against Big Tech, and how Europe got better than the US at free markets: here are (in no...

When the Interests of Monopolists and Authoritarians Coalesce

It is when the behemoth of monopoly enterprise consorts with the leviathan of the authoritarian state that both are likely to achieve permanence, writes...

Facebook Is a Threat to Democracy — and the US Has a Responsibility to Rein It In

Facebook and Google have failed at self-regulation. If we want to avoid an authoritarian future, we need to reduce the influence of internet platforms,...

“In the Wake of the 2008 Crisis, You Can't Ignore the Influence of Big Business on Economic Policy”

Historian and author Adam Tooze talks to ProMarket about how the financial crisis “remade” American capitalism, why the US response to the crisis was...

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LATEST NEWS

Coronavirus

Can Covid-19 Erode Young Individuals’ Trust in Politics for Decades to Come?

Cevat Giray Aksoy, Barry Eichengreen, Orkun Saka

A new study shows that exposure to an epidemic during one's “impressionable years” (18-25) has a persistent negative effect on trust in...

Antitrust and Competition

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

ProMarket writers

Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...

COMMENTARIES

Bethany McLean’s Fourth of July Weekend Reading List: Jeff Bezos, Homeschooling, and How to Make Capitalism Work for All

Bethany McLean

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

Coronavirus

Lifting Lockdown Measures Won’t Bring Back Lost Jobs, New Study Suggests

Yongseok Shin

A new paper examines data on local outbreaks in South Korea and finds that even in the absence of lockdowns, an increase...

Bailout

What Comes Next for Economic Policies to Combat Covid-19? A Conversation Between Six Booth Faculty

Stefano Feltri

As the Covid-19 crisis evolves from a temporary shock into what seems like a long-term catastrophe, six finance scholars from Chicago Booth—Douglas...