Economics
The Insight and Influence of Douglas Diamond
Chicago Booth professors Zhiguo He and Yueran Ma discuss their admiration for the work and mentorship of 2022 Nobel winner Douglas Diamond.
The economics community...
Cultural Capture of Antitrust Is More Likely in America than Europe
Jan Broulík’s new article explores whether so-called cultural capture may develop in antitrust policies on either side of the Atlantic and what can eventually...
The Mechanisms of Regulatory Capture
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining his theory’s...
How Should Developing Countries Deal With Inflation? A Q&A With Raghuram Rajan
Former central banker Raghuram Rajan speaks to ProMarket about how sources and remedies for inflation differ from the US in developing countries such as...
Fear of Punishment Distorts Bank Financial Reporting
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...
Nobel Laureate Oliver Hart on Empowering Twitter’s Shareholders
In an interview with ProMarket, Nobel laureate Oliver Hart explains why broadening our perspective on fiduciary duty beyond maximizing shareholder wealth could empower individual...
Why Jean Fourastié’s Theory of Economic Development is Still Relevant Today
In 1949, the innovative French economist and policymaker Jean Fourastié introduced a theory of growth and technological development that economists could still use today,...
Call for Applications: The Stigler Center Affiliate Fellowship
The Stigler Center is seeking candidates for its inaugural Affiliate Fellows program.
The George J. Stigler Center for the Study of the Economy and the...
The Dawn of Antitrust and the Egalitarian Roots of the Sherman Act
While it isn’t particularly controversial that concentrated economic power was a legislative target of the Sherman Act, when read as a corollary or even...
How to Fix the Courts’ Misuse of Economics
Economics has a valuable role to play in antitrust enforcement, but the courts often base their antitrust decisions on unfounded empirical claims or the...
