economists

Incomplete Contracts and the U.S. Economy: Q&A with Nobel Laureate Oliver Hart

Oliver Hart, the recipient of this year’s Nobel Prize in economics, sits down for a special interview with ProMarket in which he discusses his...

Can the Euro Be Saved? A Stigler Center Panel Pits Skepticism Versus Optimism

Joseph Stiglitz: "it may be necessary to abandon the euro to save the European project." Markus Brunnermeier: “the situation is improving. The structural reforms really worked,...

The Power of Convictions

Oliver Hart and Bengt Holmstrom, winners of this year's Nobel Prize in Economics, created a new area of economic inquiry. They also had a profound...

Keynesian Winner-Lose-All Economics

When calm, reasoned arguments, logical deductions, evidence and the like are not able to block Keynesian utility traps, ridicule might do the job. Professional sports, like...

The Real Lesson From Brexit

A widespread mistrust of experts can lead to political decisions, like Brexit, that might have negative consequences for the very people who vote for them. How...

ProMarket Interview: Alan Blinder on Over-Regulating Financial Markets

In order to get optimal regulation in the financial world, says Alan Blinder, the former Vice Chair of the Federal Reserve, one should seek...

Are Business Schools Responsible For Strengthening Ethical Norms Among Students and Alumni?

A panel at Fordham University discusses the social signals business schools communicate to students. Are business schools partly to blame if their alumni engage in...

LATEST NEWS

Missing the Forest for the Trees: A Reply to Hovenkamp and Shapiro

The Federal Trade Commission’s now-abandoned 2020 Vertical Merger Guidelines were not some ideal economic document that the FTC foolishly disregarded; rather, they...

Buchanan’s Samaritan’s Dilemma

The Samaritan’s dilemma is not only about the detrimental effects help can have on the beneficiaries. As James Buchanan explained in his...

How Will the FTC Evaluate Vertical Mergers?

The Federal Trade Commission’s recent withdrawal of its 2020 vertical merger guidelines is flatly incorrect as a matter of microeconomic theory and...

Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program

This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United...

The Roots of America’s Competition Revolution

Proponents of the current transformation in America’s competition policy managed to shape legislative reform proposals, push public antitrust agencies to boost enforcement, and successfully...