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Lagarde

Is Monetary Policy Independence Out of Date? A Mini-Course With Paul Tucker (Part 3)

The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around 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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Governments and Central Banks Have a Few Unpleasant Options to Stop the Economic Contagion

The global economy and financial markets are seriously hit by the coronavirus outbreak. Central banks can do something, but monetary policy is not enough.  A fiscal stimulus might mitigate the impact, but the record-level outstanding amount of public and private debt adds additional risk to the current perfect storm.  
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Antitrust and Competition

“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

Tommaso Valletti
WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it...
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Antitrust and Competition

Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”

Jana Kasperkevic
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian”...
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Digital Platforms

The “Next Frontier of Propaganda”: Micro-Influencers are Paid to Spread Political Messages, Disinformation

Jana Kasperkevic
Online influencers aren’t in the business of promoting just products anymore. New research finds that micro-influencers are increasingly used to spread political...
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Antitrust and Competition

Digital Markets Act: Policy Choices and Conditions for Success

Alexandre de Streel
Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what...
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Antitrust and Competition

The Silent Coup

Luigi Zingales
President Donald Trump's seditious actions are exposing the political power that Twitter, Amazon, Google, Apple, and Facebook enjoy. Banning him from their...
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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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