money

The Price of Democracy: a Webinar with Julia Cagé, Andrea Prat, and Guy Rolnik

At this trying time, there is a particularly high demand for reliable and trustworthy information. To address this demand by Booth students, alumni, faculty,...

Is Regulation Jeopardizing Policy Response to Coronavirus Crisis? Sendhil Mullainathan and Richard Thaler Collect Red-tape Stories

Two of the most well-known University of Chicago economists launched a website to collect examples of regulations that are limiting the United States' reaction to...

Please, Don’t Use Taxpayer Money to Bail Out Investors Like Me

When we invested in stocks and bonds, we knew we might have to face a storm or two. The high returns we received on...

Many Republicans Are Skeptical About Coronavirus. Research Suggests That Republican Politicians Could Change That

Former House Speaker Newt Gingrich is skeptical of climate change, supports teaching creationism in public schools, and opposes stem cell research. That's exactly why...

Why Elizabeth Warren Has Not Endorsed Joe Biden (Yet)

After winning in four more states, Biden can expect to have the necessary 1,991 delegates long before the July Democratic convention in Milwaukee. Elizabeth Warren...

The Epstein Report: How a Convicted Criminal Could Use MIT to Whitewash His Reputation

The only reason why a pedophile's donations did not violate any MIT policy is that MIT does not have any policy to prevent embarrassing...

LATEST NEWS

Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones.

Bethany McLean’s Weekend Reading List: Elder Care Facilities, Twitter, and Pot

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

How Market Design Economists Helped to Engineer a Mass Privatization of Public Resources

In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way...

How Alberto Alesina Challenged the Median Voter Theorem

"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan...