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 has a new government.
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How US Voters React to Immigration in the Voting Booth May Depend on Both Immigrants’ and Native Residents’ Skill Levels
A new working paper has revealed two strikingly divergent correlations between increases in high-skilled and low-skilled immigration and change in Republican vote share since 1994.
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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 Amazon has not been consistent with the stated selection criteria for HQ2; and a majority of Americans back a constitutional amendment that would outlaw Citizens United. This week in political economy.
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Editors’ Briefing: On Our Radar This Week (April 1–April 7)
This week in political economy.
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When Taxpayers Subsidize Corporate Lobbying: How Firms Use Charitable Giving to Influence Politics
A new Stigler Center working paper examines a more roundabout way that companies can influence legislators: by donating money to charities in lawmakers’ districts. The authors find that the magnitude of these tax-exempt charitable flows dwarfs what firms spend in PACs.
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Editors’ Briefing: On Our Radar This Week (March 24-March 31)
This week in political economy.
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What Prompts Young People to Invest in Their Human Capital? New Data on DACA and Dreamers Offers Some Stark Evidence
The Deferred Action for Childhood Arrivals program—a deportation deferral initiative for immigrants brought to the United States without documents as children—provided a large shock to returns to education for a substantial population of at-risk youth. A new NBER paper finds an extraordinary impact of DACA on Dreamers’ decisions to finish high school, go to college, or get pregnant as teenagers.
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Editors’ Briefing: On Our Radar This Week (March 3-March 10)
This week in political economy.
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Luigi Zingales: Why I Decided to Invite Steve Bannon to Speak at the University of Chicago
A statement from University of Chicago Booth School of Business Professor and Stigler Center Director Luigi Zingales.
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Editors’ Briefing: On Our Radar This Week (Feb. 2–Feb. 10)
This week in political economy.
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Why Behavioral Remedies Won’t Work in the Case of AT&T-Time Warner
It is clear from the economics in the government’s complaint against the AT&T-Time Warner merger that the harms to competition articulated by the Department of Justice cannot be remedied to any significant degree with behavioral commitments on the part of the merging parties.
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Editors’ Briefing: On Our Radar This Week (Jan. 29–Feb. 2)
This week in political economy.
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