regulatory capture

Does Ownership of Financial Assets Lead Voters to Support Republicans?

Does owning financial assets lead voters to support Republicans? New research on the liberty bonds of World War I suggests the story may be...

A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos”

In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...

The Foundation of Corporate Personhood: A Look at the Charles River Bridge Case of 1837

Some 130 years before Friedman could begin arguing that a corporation’s sole responsibility was to make a profit for its shareholders, Boston’s Charles River...

Editors’ Briefing: This Week in Political Economy (June 16–23)

AT&T’s acquisition of Time Warner continues to make waves; a New York federal judge says the entire Consumer of Financial Protection Bureau needs to...

Editors’ Briefing: This Week in Political Economy (June 8–16)

The AT&T-Time Warner merger is approved, further fueling the media merger frenzy and providing the Second Gilded Age with “another layer of gold”; net...

Does Direct Democracy Reduce Regulatory Capture?

Does direct democracy make regulatory capture harder for industry? Samantha Eyler-Driscoll looks at a new Stigler Center working paper that examines state-level referenda and...

Why Are So Many Executives Running for Office These Days?

New research documents a sharp increase in the number of corporate executives in elected federal office between 1980 and 2014. But why do they...

Editors’ Briefing: This Week in Political Economy (May 26–June 2)

Google gives up Project Maven following "terrible" backlash; angry Facebook shareholders demand an end to Mark Zuckerberg's "dictatorship"; American startups are in a 13-year slump; and Italy...

Editors’ Briefing: This Week in Political Economy (May 19–26)

Trump signs the largest rollback of financial regulations since the 2008 crisis into law; Zuckerberg masterfully evades the questions of European parliamentarians; Amazon has...

How Politicians Intensify Financial Cycles: 300 Years of Pro-Cyclical Regulation

Three hundred years of financial regulation offer a cautionary tale to today’s push against yesterday’s regulations. This column revisits the political economy of financial...

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