Politics

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)...

Why Both Liberals and Conservatives Are Completely Wrong About Section 230

Abolishing Section 230 would not address disinformation and propaganda on social media nor charges of anti-conservative censorship. But its repeal would probably...

Beijing’s Erosion of Hong Kong’s Freedoms Has Been in the Works for Years

The wilting of civil and political freedoms in Hong Kong took a dramatic downturn since July after Beijing imposed its national security...

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests 

A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that...

Liberal Democracies Have a Duty to Respond to China’s New National Security Law

According to China’s sweeping new national security law, European citizens who argue in favor of self-determination for Hong Kong in their home...

Hong Kong’s Crisis and the Turn Toward Extraterritorial Law

China's new National Security Law, as well as its increasing reliance on law as a mode of repression, reflect important shifts in...

How Personal Experiences With Covid-19 Are Changing Americans’ Behaviors and Political Views

While strong divisions persist across party lines, personal experiences with Covid-19, such as loss of income, may affect views and preferences among...

The Pandemic Has Revealed America’s Impatience. But America Will Need Patience in the 2020 Election

The proliferation of mail-in voting is likely to make knowing who won the election take much longer than Americans are used to....

Are We Witnessing the Fall of the American Liberal Order?

In the past 30 years, liberalism has not lived up to its promise to deliver economic returns for the broad majority of...

Why Economic Predictions Are Useless Right Now

The Covid-19 crisis is unprecedented in its global scope and open-ended, uncontrollable progress. By their very nature, the models that economists often...

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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...