regulatory capture

The DOJ Has a Strong Case Against the AT&T-Time Warner Merger

If the merging parties are true to their many tough public statements, and they stick the litigation out long-term, the odds are not bad...

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

The stories that most interested us this week.     The bribery trial of US Senator Bob Menendez (D-NJ) ended in a mistrial after the jury was not able...

Did US Banks Try to Manipulate the Dodd-Frank Debate by Delaying Mortgage Foreclosures?

Did banks delay foreclosures on delinquent mortgages in the districts of House Financial Services Committee members prior to the passage of the Dodd-Frank Act?     The...

Mickey Mouse Turns 89 This Week—But Will He Ever Appear in the Public Domain?

Walt Disney Co.’s efforts to protect its copyright over the famous anthropomorphic mouse are the subject of a new Stigler Center case study.     This Sunday...

Editors’ Briefing: On Our Radar This Week (Nov. 3–10)

The stories that most interested us this week.   Following reports that the Justice Department might force AT&T to sell Time Warner’s CNN as a...

Watch: “Stigler in the 21st Century”

Our 40th anniversary event brought together academics and intellectuals to discuss George Stigler’s legacy. Watch the second day's sessions.      The George J. Stigler Center for the Study of...

How Medical Licensing Drives Up Health Care Prices

The role of licensing in driving up health care costs has been almost completely ignored. The apparent explanation is that nobody can imagine that...

In a Mexican Establishment Rattled by Corruption Scandals, Impunity Reigns

High-profile scandals like Odebrecht, The Panama Papers, and Swiss Leaks have brought down powerful politicians and businesspeople across Latin America. In Mexico, however, not a...

Editors’ Briefing: On Our Radar This Week (Oct. 26–Nov. 2)

  The stories that most interested us this week.   Following a tough week for the world’s dominant digital platforms, Barry Lynn and Matt Stoller of the...

Stigler on Monopolies: “Competition is a Tough Weed, Not a Delicate Flower”

Many of Stigler’s views on monopoly and antitrust were consistent through the decades. Even after his concerns of monopoly began to recede, he continued...

LATEST NEWS

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...

Market Forces Already Address ESG Issues and the Issues Raised by Stakeholder Capitalism

Eugene Fama: When do market forces push firms toward stakeholder goals, rather than just shareholder goals? When do market forces push firms...

Capitalisn’t Is Back: Can Economists and Journalists Work Together to Improve Capitalism?

Is capitalism the engine of prosperity, or is it the engine of destruction? On this podcast, we talk about the ways capitalism...

Missing in Today’s Shareholder Value Maximization Credo: The Shareholders

Luca Enriques: Today’s corporate world is very different from the one Milton Friedman wrote in. In a world where the question of...

Australia’s News Media and Digital Platforms Bargaining Code is Great Politics But Questionable Economics

If the Australian government wants to subsidize high-quality journalism then it should, well, subsidize high-quality journalism. The new proposed ACCC code would...