Media Capture

Why Are Google and Facebook Now Okay with Australia’s News Media Bargaining Code?

A week of commercial deals and government negotiations has resulted in a series of amendments to the legislation aimed at making Google...

Australia’s News Media and Digital Platforms Bargaining Code is Great Politics But Questionable Economics

If the Australian government wants to subsidize high-quality journalism then it should, well, subsidize high-quality journalism. The new proposed ACCC code would...

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership...

Announcing the Participants in the 2020 Stigler Center Journalists in Residence Program

In March, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United States for an intensive 12-week...

The Best Political Economy Books of 2019

A history of American antimonopoly, the case against Big Tech, and how Europe got better than the US at free markets: here are (in no...

Why Michael Bloomberg’s Run for President Creates an Unprecedented Media Problem

The first effect of Michael Bloomberg’s campaign and of his conflicts of interest is to reduce the 2020 candidates’ accountability: one of the world's...

How Israel's Antimonopolists Helped Take Down Benjamin Netanyahu

The corruption exposed by Israeli antimonopolists has been a key driver of Benjamin Netanyahu's current political woes.        If you pay any attention to the weird...

Vertical Media Mergers Are a Serious Threat to Freedom of Speech

Antitrust regulators should stop mergers where a firm owning the means of transmission acquires a provider of content. The people that own the pipes...

If Journalists Want to Save Journalism, They Should Stop Asking Google for Money

A new report claims Google has been using its Google News Initiative to stage a “media takeover” and reveals the increasing influence of the...

The Good News: Fewer Americans Were Exposed to Fake News in 2018. The Bad News: This Probably Won’t Last

As it turns out, a majority of the American public is not bad at identifying disinformation. But as the 2020 election nears, the online...

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...