How does the revolving door between Congress and corporate America affect the enforcement of tax policy? A new study examines how tax rates change when firms hire former members of Congress, finding that companies’ tax bills and the probability of being audited decrease markedly when they hire a former legislator.
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Ahead of its annual conference on Digital Platforms, Markets and Democracy, the Stigler Center formed a committee to produce independent white papers that will inform policymakers on how to address the political and economic issues raised by tech platforms. In preparation for the conference, we are publishing the executive summary of each preliminary report.
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Big tech firms have been active in Washington since the early days of the Microsoft antitrust case, but in recent years they have increased their political spending, allowing us to get a sense of the scope of their influence.
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The French president found himself under fire following an attempted police raid on the offices of the investigative news site Mediapart. While many around the world were shocked, Mediapart’s journalists themselves were not entirely surprised.
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A new study finds that obtaining health insurance coverage leads to lower unpaid debt, fewer bankruptcies, fewer evictions, fewer late payments, and higher credit scores for individuals—especially the sick.
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Amid the longest government shutdown in US history, and with no light at the end of the tunnel, the latest Financial Trust Index (FTI) survey shows decreasing trust in government, especially among Democrats.
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New report reveals America’s “concentration crisis”; antitrust enforcers and regulators in Europe are going after Amazon, Facebook and Google; Facebook’s ongoing Soros debacle; and why is US life expectancy in decline?
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Corporate subsidies are a negative-sum game. They foster crony capitalism, hurt productivity growth and inflict great harm on product market competition.
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The costliest midterm election in US history ends with a victory for Democrats—and for money in politics in general; Amazon and Apple crack down on third-party refurbishers, raising antitrust concerns; and was Amazon’s HQ2 stunt really just a “con”?
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Facebook is still open to manipulation by malicious political actors; the dialysis industry has spent over $100 million to fight a ballot measure that seeks to regulate it; AT&T does everything it promised not to do in its defense of the Time Warner merger; and can tech workers help police their own employers?
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The DOJ approves the CVS-Aetna merger, radically altering the landscape of US health care; Sheldon Adelson pumps millions into GOP races; Silicon Valley’s Saudi Arabia problem; and who has the right to compete in America?
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Mounk, author of the recent book The People vs. Democracy: Why Our Freedom Is in Danger & How to Save It, talks to ProMarket about populist authoritarians and undemocratic liberalism.
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