Industry

How Has the Covid-19 Crisis Affected Hourly Workers at Small Businesses?

Since the coronavirus crisis began, firms have dramatically reduced employee hours. By March 28, total hours declined over 70 percent in states with the...

Western Multinationals Can Improve Workers' Safety, If They Want to: The Case of Bangladesh

In 2013, one of the largest factories in Bangladesh collapsed, killing 1,134 workers. Many multinationals committed to improving safety standards. A new study shows...

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...

What Can We Learn from London’s Long Struggle with Air Pollution?

Research on the long-term effects of pollution on mortality has been held back by lack of historical pollution data. In a new working paper,...

LATEST NEWS

Inequality

Most Americans Consider Themselves Middle-Class. But Are They?

Jeffrey Wenger, Melanie Zaber

There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...

Antitrust and Competition

Barriers to Entry as Another Source of Top Income Inequality

Philippe Aghion, Céline Antonin, Simon Bunel

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...

Media

ProMarket Reader Survey: We Want Your Feedback

ProMarket writers

As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...

Corporate Governance

What Stakeholder Capitalism Can Learn From Jensen and Meckling

Alex Edmans

Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...

Commentary

How Twitter Weakened India’s Information Ecosystem

Prateek Raj

India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts...