Regulation
Fighting New Antitrust Rules Is a Bad Move for Big Tech
With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better...
Adam Smith on Self-Betterment and Policy Impacts
In this celebration of Adam Smith’s contributions to the field of political economy, Peter J. Boettke and Alain Marciano take a passage from The...
The Thorny Problem of Social Media Platform Political Harms and Freedom of Speech
University of Chicago Booth/Stigler Center for the Study of the Economy and the State 2002 Antitrust and Competition Conference “Antitrust: What’s Next?” Panel Discussion “Big Tech & Freedom of Speech” moderated by Binyamin Appelbaum of the New York Times with panelists Gilad Edelman of WIRED, Francis Fukuyama of Stanford University, Eric Goldman of Santa Clara University and Ellen Goodman of Rutgers University. April 21, 2022 (photo by Anne Ryan for University of Chicago)
“Uber Has Higher Prices and Worse Service Than the Taxi Industry Had Ten Years Ago”
Following the Uber Files leaks, transportation expert Hubert Horan explains why Uber is “hopelessly uneconomic” and how its engagement with policymakers and academics aided...
Antitrust and Rule by Judges
The early-1980s Posner-Stigler memorandum to incoming president Reagan’s transition team is interesting for a host of reasons, but most of all in terms of...
The Mechanisms of Regulatory Capture
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining his theory’s...
Larry Summers Cautions Antitrust Regulators Against Broad-Brush Policy
In a wide-ranging interview with ProMarket, Summers expands on recent criticism of top antitrust enforcement officials, efforts to stymie Big Tech, monopsony, and the...
Fear of Punishment Distorts Bank Financial Reporting
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...
A Posner-Stigler Smoking Gun?
A memo from George Stigler and Richard Posner to the Reagan administration was recently unearthed. To understand the meaning behind the memo, as well...
Designing Better Antitrust Remedies for the Digital World
Even when antitrust enforcers and courts get it right when finding an anticompetitive infringement, they constantly end up imposing remedies that are inadequate to...
