Inequality

Don’t Blame Trump for the “Turbulent Twenties”. Blame Inequality.

Years ago, two academics predicted that an increase in economic inequality would lead to a period of political instability in 2020. Since...

To Make a Difference, Businesses Must Have a Stake in Social Missions

Despite their promises to change the world for the better and remedy social ills, the truth is that corporations are rarely designed...

The Monopoly Harms That Antitrust Keeps Missing

In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing...

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests

A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that...

Few Bad Apples? New Study Finds That 40 Percent of Officers in a Large Police Force Are Discriminatory

A new paper seeks to examine whether police misbehavior is concentrated or diffuse by identifying whether highway patrol officers in Florida are...

Should We Defund the Police? A New Capitalisn’t Reading List

In this episode of the Capitalisn't podcast, Kate and Luigi take an economist's look at the concept of defunding the police.

How to Get Police Reform Done? Use Direct Democracy

Instead of just imploring their representatives to fix things, Americans can use the tools of direct democracy to take charge and promote...

Break Up the Police

In most cities in America, it is not the police that answers to the mayors, but the mayors to the police. The...

The Economic and Social Implications of Racial Disparities: A Webinar With Lisa Cook

Michigan State University professor Lisa Cook joined Princeton’s Bendheim Center for Finance to discuss how violence impacts innovation, as well as the...

“We’ve Never Had a Purely Capitalist Economy—We’ve Had State-Subsidies for Some and Exclusion for Others”

In an interview with ProMarket, UC Irvine law professor Mehrsa Baradaran discussed the connection between the current protest wave and the deep-seated...

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LATEST NEWS

News

Reversing the “Resource Curse” with Foreign Corruption Regulation

Thomas Rauter

Anti-corruption regulation originating in developed countries is effective in changing corporate behavior and has a positive economic impact on developing countries.

COMMENTARIES

The Death of Hong Kong’s Rule of Law

Benny Tai

Hong Kong's rule of law has suffered a fatal blow. With the national security law, the authoritarian regime has all that it...

News

President-Elect Joe Biden and the Real Lessons of DuPont

Guy Rolnik, Roy Shapira

Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to...

Corporate Governance

How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations

David F. Larcker, Andrew Baker, Brian Tayan

Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff....

Coronavirus

How Pfizer’s Vaccine Announcement Demonstrates the Political Power of Firms

John M. Barrios, Luigi Zingales

By timing the disclosure of the results of its vaccine trial, Pfizer could have influenced the 2020 presidential election. This is worrisome...