regulatory capture
Rethinking Stigler’s Theory of Regulation: Regulatory Capture or Deregulatory Capture?
Much government regulation does not fit the logic of Stigler’s theory of anti-competitive regulatory capture. In a new book, Steven Vogel of Berkeley argues...
The Only Game in Town: Central Banking as False Hope
To accompany Paul Tucker’s mini-course at the Stigler Center this week, we offer here an extract of the former Bank of England Deputy Governor’s...
Editors’ Briefing: This Week in Political Economy (May 4–May 12)
A whistleblower alleges fraud in the audits of Silicon Valley companies; AT&T acknowledges that hiring Michael Cohen was a "bad mistake"; new analysis finds that...
Editors’ Briefing: This Week in Political Economy (April 28–May 4)
George Mason University faces controversy over its relationship with donors; the former CEO of Volkswagen is charged in relation to the company’s diesel emissions...
Glen Weyl: "The Very Structure of Capitalism Is Inherently Monopolistic"
In an interview with ProMarket, Glen Weyl, co-author of the wildly ambitious (and wildly controversial) new book Radical Markets: Uprooting Capitalism and Democracy for a...
Excessive Zoning Makes Us Poorer and More Unequal
We normally think of income inequality as a function of differences in class or socioeconomic status. But much more than generally realized, geographic differences...
Editors’ Briefing: This Week in Political Economy (April 14–April 28)
Why has Facebook’s scandal not dented its earnings? How much are states and local governments giving to corporations in economic-development incentives? And did CFPB...
Former Italian PM and European Competition Commissioner Mario Monti: Why Antitrust Enforcement Is “More Vigorous" in Europe Than in the US
Why is Europe so much more vigorous than the US when it comes to antitrust enforcement? In an interview with ProMarket, Monti, who served...
Editors’ Briefing: On Our Radar This Week (March 24-March 31)
This week in political economy.
Still mired in the Cambridge Analytica scandal, Facebook’s terrible month became worse this week after BuzzFeed published a 2016...
Roger McNamee: “I Think You Can Make a Legitimate Case that Facebook Has Become Parasitic”
In an interview with ProMarket, Facebook early investor Roger McNamee talks about his efforts to get Facebook to fix its business model and the...
