Trump Administration

Bo Rothstein Explains Why He Resigned From Oxford Over Donor's Link to Donald Trump

In an interview with ProMarket, Swedish political scientist Bo Rothstein explains why he decided to resign from the Blavatnik School of Government after learning...

The Big Picture: Clientelism, Plutocracy, and Democratization

Why is the electoral process not enough to rid nations of pathological political distortions such as cronyism and corruption?   This is the second installment of ProMarket’s...

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...

Trump and Sinclair's Art of the Deal

Donald Trump is actually a boon for many media outlets. Consider, for instance, the case of Sinclair's TV and radio stations that supported him throughout his...

“There Is No Indication That Trump Is Pro-Competition”

A new paper by economists Steven C. Salop and Carl Shapiro explores what antitrust might look like under President Trump. In an interview with...

"No Mistake About it: A Revolt Against Globalization is Underway!"

In this installment of ProMarket’s new interview series, Columbia Law School’s John C. Coffee Jr. shares some thoughts on political engagement by corporations. "Milton Friedman seems...

"Political Engagement by Corporations Derives from and is Focused on Seeking Monopolistic Power"

In this installment of ProMarket’s new interview series, Harvard Business School professor emeritus Joseph Bower shares some thoughts on rent-seeking, politics, and the role of corporations...

“So Long As Corporate Managers See Their Objective as Maximizing Returns, Rent-Seeking and Regulatory Capture Will Persist”

In this installment of ProMarket’s new interview series on the economic theory of the firm, Harvard Business School professor Lynn Paine discusses the role of corporations and...

“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...

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...

LATEST NEWS

Opening the Black Box: The Hidden Costs of Data-Driven Mergers in Health Care

Vertical data-driven mergers between health insurers and drug suppliers may facilitate health insurers’ efforts to discriminate against vulnerable populations, leaving them without...

Most Americans Consider Themselves Middle-Class. But Are They?

There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...

Barriers to Entry as Another Source of Top Income Inequality

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...

ProMarket Reader Survey: We Want Your Feedback

As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...

What Stakeholder Capitalism Can Learn From Jensen and Meckling

Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...