regulatory capture

Editors’ Briefing: On Our Radar This Week (March 10-March 17)

This week in political economy.     A federal appeals court voided the Department of Labor's “fiduciary rule,” an Obama-era rule that instructed financial professionals like...

Do We Need to Mandate Firms’ Reporting And Auditing?

Back in the 1960s, George Stigler called into question whether states should require firms to publicly report their financials. A recent Stigler Center working...

Editors’ Briefing: On Our Radar This Week (March 3-March 10)

This week in political economy.     ProPublica has created a searchable database of 2,475 political appointees by the Trump administration, the result of “a year...

What Insights Do Taxi Rides Offer into Federal Reserve Leakage?

Does investment-relevant information leak from the Fed? A new Stigler Center working paper finds surprising and novel evidence in a public dataset.     One of the...

Editors’ Briefing: On Our Radar This Week (Feb. 24–March 3)

This week in political economy.       Italy’s elections are on Sunday, and with the polls being inconclusive and the reemergence of former PM Silvio Berlusconi...

Editors’ Briefing: On Our Radar This Week (Feb. 17–Feb. 24)

This week in political economy.     Is the US economy being strangled by a lack of competition? In the Harvard Business Review, David Wessel provides...

Guns and Votes: The Victory of an Intense Minority Against an Apathetic Majority

This column on the "gun-control paradox"—the fact that gun regulations continually fail in the US Congress despite being supported by around 90 percent of...

Editors’ Briefing: On Our Radar This Week (Feb. 10–Feb. 17)

This week in political economy. Yesterday's New York Times editorial: “The terror that has gripped their elected officials … is fear of the wealthy gun...

Case 2000: How Netanyahu and Israel’s Most Powerful Media Mogul Planned to Subvert the Market for News and Ideas

It doesn’t involve a high-profile American billionaire, and yet of the two cases on which the police recommended indicting Israel’s prime minister, “Case 2000”...

Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”

In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality. In December, the United...

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“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it...

Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”

During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian”...

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...

Digital Markets Act: Policy Choices and Conditions for Success

Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what...

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...