Politics

Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott

There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry...

Does Market Power Lead to Political Power?

A Stigler Center webinar explores what would be the foundations of a political and economic system that might be more resilient to...

The Case for Optimism About America

The good news is that America is still the engine of global wealth creation: nothing fosters political pragmatism like prosperity. But there...

Systemic Corruption in America Spans Political Parties

In an interview with ProMarket, Sarah Chayes, author of the book On Corruption in America, discussed corruption in the US and how...

What Saved American Democracy from Donald Trump?

Despite President Donald Trump's attempts to undermine it, the American democracy seems to have survived. We now need to analyze more closely...

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

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

The Silent Coup

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

Covid-19 Aggravates Existing Income, Gender, and Race Inequalities, and Further Increases Political Divisions

Seventy percent of Americans know someone who tested positive; one in five know someone who died from coronavirus, survey shows.

We Must Stop Applying Economic Standards to Political Leadership

Joseph Schumpeter, ironically remembered for glorifying the entrepreneur’s penchant for creative destruction and innovation, actually warned against exalting entrepreneurs as the redeemers of...

The Best Political Economy Books of 2020

A travelogue of monopoly, the dangers of elite impunity, and the relevance of John Maynard Keynes: here are (in no particular order)...

LATEST NEWS

Most Americans Consider Themselves Middle-Class. But Are They?

There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...

Barriers to Entry as Another Source of Top Income Inequality

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...

ProMarket Reader Survey: We Want Your Feedback

As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...

What Stakeholder Capitalism Can Learn From Jensen and Meckling

Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...

How Twitter Weakened India’s Information Ecosystem

India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts...