Finance
How Antimonopoly Was Revitalized, Part 2: Barack Obama and the End of the End of History
In this second installment of his three-part series on antitrust’s recent resurrection, Matt Stoller discusses the legacy of Obama’s presidency. The real policy for...
Towards the Giant Three: The Rise and Rise of the Big Three Index Funds
The Big Three index fund managers—BlackRock, Vanguard, and State Street Global Advisors—hold a significant proportion of the stock of US public companies, and they...
The Anticompetitive Effects of Current Capital Regulation
Some features of the capital regulation that was designed to increase the safety of the financial system may have unintended consequences on the competitive...
How Finance Affects Income Inequality
There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...
“Short Sellers Don't Exist to Fix the Problems. They Exist to Shed Light on the Problems”
In an interview with ProMarket, Fahmi Quadir, the short seller whose bet against Valeant in 2015 helped expose the company's misdeeds, talks about short...
Ten Years After the Financial Crisis: “We Are Safer, But Not As Safe As We Should and Could Be”
Experts from academia and industry gathered at the University of Oxford to revisit what went wrong in the run-up to the 2008 financial crisis,...
Editors’ Briefing: This Week in Political Economy (October 27-November 4)
Facebook is still open to manipulation by malicious political actors; the dialysis industry has spent over $100 million to fight a ballot measure that...
“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...
Implicit Government Involvement In The Puerto Rican Debt Crisis
Why were Puerto Rico's economic and financial troubles not reflected in its bond yields prior to its 2016 default? A Stigler Center working paper...
Does Finance Make Us Less Religious?
Do religious congregations provide informal insurance against the risk of income loss for their congregants? A new paper examines the impact of an expansion...
