FCC

The Trump FCC Can’t and Shouldn’t Be the Internet Speech Police

The debate over whether Section 230 needs to be updated is an important one. But the proper venue for that debate is...

Spectrum Auctions: There Is Elegance in the Mundane

As a student, Booth School Professor Anthony Lee Zhang was puzzled that Paul Milgrom chose to spend so much of his time...

When Scholarship Turns Into Business: Stefano Feltri Responds to Paul Milgrom

Stefano Feltri responds to Paul Milgrom’s criticisms of his recent ProMarket piece on the 2017 FCC spectrum auction.

Should We Leave Public Resource Allocation to the Experts? Glen Weyl Responds to Paul Milgrom

Glen Weyl, Microsoft’s Office of the Chief Technology Officer Political Economist and Social Technologist, responds to Paul Milgrom’s criticisms of his recent...

Was the 2017 FCC Spectrum Auction a Success—or a Disappointing Failure?

In a post published on his company’s website, Stanford professor Paul Milgrom responded to the recent ProMarket pieces by Glen Weyl and...

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

One Year After the Net Neutrality Repeal: the FCC Has Abdicated Its Role Protecting Consumers and Competition

Every promise made by broadband providers and every reason cited by the FCC in its decision to eliminate the net neutrality rules has proven...

Editors’ Briefing: This Week in Political Economy (August 5–11)

Monsanto loses landmark Roundup case; the Sinclair-Tribune merger blows up; Facebook wants your financial data; the historical legacy of the 2008 financial crisis; and...

Editors’ Briefing: This Week in Political Economy (June 8–16)

The AT&T-Time Warner merger is approved, further fueling the media merger frenzy and providing the Second Gilded Age with “another layer of gold”; net...

Editors’ Briefing: On Our Radar This Week (Feb. 10–Feb. 17)

This week in political economy. Yesterday's New York Times editorial: “The terror that has gripped their elected officials … is fear of the wealthy gun...

LATEST NEWS

George Stigler on Henry Simons, “Crown Prince” of the Chicago School

To mark 75 years since the passing of Henry Simons, professor of Economics and Law at the University of Chicago, ProMarket is...

Electoral College Reform: New Problems or Real Solutions?

Each electoral system creates specific incentives to (mis)allocate government resources. Would putting the National Popular Vote (NPV) in lieu of the Electoral...

When Do Users Benefit From Platform Mergers?

A new paper shows that platform mergers can harness network effects at the cost of reducing the platform differentiation that users value. 

Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets

Economists Harold Demsetz and Israel Kirzner challenged the prevailing orthodoxy in microeconomic analysis and public policy beginning with their respective work in...

The Covid-19 Pandemic Should Not Delay Actions to Prevent Anticompetitive Consolidation in US Health Care Markets

Harvard Business School professor Leemore Dafny lays out potential reforms to assist agencies in halting anticompetitive acquisitions and practices, and to preserve...