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Europe

The Price of Democracy: a Webinar with Julia Cagé, Andrea Prat, and Guy Rolnik

At this trying time, there is a particularly high demand for reliable and trustworthy information. To address this demand by Booth students, alumni, faculty,...
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The Airline Industry’s Post-2004 Consolidation Reversed 30 Years of Successful Pro-Consumer Policies

A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets...
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Chile Reaches Its Greenspan Moment

"I am in a state of shocked disbelief," former Federal Reserve chair Alan Greenspan said during the 2008 crisis, before confessing: "I found a...
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Why More Elderly People Get Infected in Some Countries Compared to Others

Italy has a mortality rate of 6 percent while countries like Norway, Denmark, and Germany have rates still close to zero percent. The...
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The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout

The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...
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"The Lack of Competition Has Deprived American Workers of $1.25 Trillion of Income"

French economist Thomas Philippon, author of the recent The Great Reversal, explains how Europe got to be better at free markets than the US and how...
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Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?

A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...
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Market Concentration, Regulation, and Europe´s Quest for a New Industrial Policy

Weakening competition policy in Europe risks creating monopolies rather than industrial champions. An interventionist style of industrial policy, one that revolves around picking winners, has...
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The European Commission Picks a Fight with Google Android over Business Models

UChicago Law’s Randy Picker puzzles over the rationale behind last week’s multibillion-euro fine on Google by the European Commission. While the decision makes a...
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A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos”

In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...
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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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