regulatory capture
Study: Politicians Vote Against the Will of Their Constituents 35 Percent of the Time
New Stigler Center working paper: “To the extent that legislators represent majority opinion, it happens largely because legislators share the opinions of their constituents,...
Is Direct Democracy Better Able to Withstand the Influence of Special Interests?
A new Stigler Center working paper looks into the effects of referendums and public initiatives on public policy and finds that direct democracy better...
The Value of Access: How Closeness to the Obama White House Benefited Companies
Between January 2009 and December 2015, White House officials met with corporate CEOs 2,286 times. A new study, to be presented at the upcoming Stigler Center...
“Google Is as Close to a Natural Monopoly as the Bell System Was in 1956"
Media scholar Jonathan Taplin, author of the new book Move Fast and Break Things, on the rent-seeking and regulatory capture of digital platforms.
In 2014,...
The Powerful Private Regulator and the Effects of Conflicts of Interest
A new study reveals both the potential biases in the proxy advisory industry and how a new entrant can help mitigate conflicts of interest.
The...
Is There a Case to be Made for Political Antitrust?
After decades of approaching antitrust through purely economic analyses, are economists once again willing to take into account political considerations as well?
Should political considerations...
Wells Fargo and the Failure of Boards and Regulators
Two new reports concerning the Wells Fargo scandal suggest that the bank's senior management, its board of directors, and the regulators all knew about the bank's...
I Was a Whistleblower. The Fed Is Not Doing Enough to Fix Wall Street’s Culture of Fear
Deutsche Bank whistleblower Eric Ben-Artzi, who publicly rejected a multimillion dollar award from the Securities and Exchange Commission this summer, writes about the failure...
How Many Newt Gingrich's Are There in Washington? Much More Than You Might Think
As more and more lobbyists move to consulting and PR agencies, experts say the underworld of hidden lobbying is probably much bigger than what formal...
Richard Posner: “The Real Corruption Is the Ownership of Congress by the Rich”
In a keynote interview during the Stigler Center’s conference on concentration in America, Judge Posner said: “You are not going to have people competing with...
