rent seeking
How China’s Anti-Corruption Campaign Is Moving Financing Away from State-Owned Enterprises
Are anti-corruption reforms effective in reducing economic rent seeking and constraining the influence of special interests? New research from Tsinghua University PBC School of...
Depositors Disciplining Banks: The Impact of Scandals
Can depositor activism make a real difference? New research set to be presented at the upcoming Stigler Center Political Economy of Finance conference examines the Dakota...
Marx and Modern Microeconomics
Few economists doubt that Marx flunked economics, a judgement mostly based on his labor theory of value. But this column argues that Marx’s representation...
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...
Why Democracy Fails to Reduce Inequality: Blame the Brahmin Left
A new paper by Thomas Piketty finds that major parties on both sides of the political spectrum have been captured by elites and warns...
Baldwin on Globalization: “A Lot of the Narrative Is Based on the US as If It Were the Whole World”
Richard Baldwin, professor of international trade at the Graduate Institute of Geneva and editor-in-chief of VoxEU.org, talks to ProMarket about the convergence between the...
“Globalization Has Contributed to Tearing Societies Apart”
In an interview with ProMarket, Harvard economist Dani Rodrik explained where globalization went wrong, how trade agreements serve rent-seeking by politically well-connected firms, and...
How India’s Bridal Dowry Tradition Leads to Missing Women
In a famous essay published in 1990 the economist Amartya Sen explored the drivers of the global sex ratio imbalance, what he called the...
Does the Growth of Bitcoin Have Anything to Do with Distrust of Government?
The results of the latest Financial Trust Index (FTI) survey, released last week by Chicago Booth and the Northwestern’s Kellogg School of Management, offer...
