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Why Is All Covid-19 News Bad News?

A new paper finds that media coverage of the Covid-19 pandemic, including vaccine development, tends to be more negative in the US...

The ACCC’s News Media Bargaining Code: Experimenting with “Decentralized Regulation” of Dominant Digital Platforms

The Australian Competition and Consumer Commission recently proposed a mandatory bargaining code to govern negotiations between digital platforms like Google and Facebook...

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...

When—and Why—Fact-Checking Cannot Stop Alternative Facts

Correct numbers alone cannot stop charismatic politicians using convincing narratives, even if the latter are based on “alternative facts.”     Kellyanne Conway, a counselor to President...

The Market for News in Russia: Is There a Demand for Government Bias?

Does the fact that Russian readers consume news produced by government-controlled entities, even though they have access to independent sources, imply a demand for...

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...