regulatory capture
Conference: Is There a Concentration Problem in America?
On March 27-29, the Stigler Center will host a first-of-its-kind, three-day conference on the question of concentration in the U.S. economy that will bring...
Does Regulation Build Trust or Entrench Cliques? Lessons From Merchant Guilds and the Taxi Industry
Close-knit networks, like guilds and taxi associations, are helpful in enhancing trust and reliability. Yet they can also become exclusive and rent-seeking.
Last May,...
Uber, the Mayor’s Private Email, and the Underground Lobbying Complex
The recent revelations regarding the interactions between Chicago mayor Rahm Emanuel and former Uber executive and Obama adviser David Plouffe suggest that the real action in...
“Under President Trump and the Republican Congress, Banks Will Have Even More Ability to Write Regulations That Favor Them”
In this installment of ProMarket’s new interview series on the economic theory of the firm, we ask University of Connecticut law professor and blogger James Kwak if...
Interview Series: How Incomplete is the Theory of the Firm? Q&A with Daniel Carpenter
Should the economic theory of the firm be modified? If so, how? In March, the Stigler Center at the University of Chicago Booth School...
“In a System with Dominance, There is Built-In Resistance to Change”: ProMarket Interviews Bernard Yeung, Part 2
In the second part of his interview with ProMarket, Bernard Yeung—one of the economists who laid the foundations of scientific research on economic power...
Executive Orders, Judicial Orders, and the Rule of Law
What does President Trump’s executive order on immigration and its aftermath mean for the rule of law?
What does President Trump’s executive order on immigration—and...
Could the Fed Have Rescued Lehman Brothers? Q&A with Laurence Ball
A new study argues that the Federal Reserve could have saved Lehman Brothers from bankruptcy, but chose not to, partly because of political pressures.
Eight-and-a-half years ago,...
Democracy Against Domination: Overcoming Economic Power and Regulatory Failure in the New Gilded Age
The financial crisis—and the limits of our regulatory response to the crash—offer important lessons for our broader understandings of how to conceptualize and institutionalize...
Watch: Deutsche Bank Whistleblower Eric Ben-Artzi Explains What it Takes to Blow the Whistle on Fraud
Ben-Artzi: "The problem is not that you have misbehavior on Wall Street. It's that you have misbehavior by the people who are supposed to...
