United States

What Saved American Democracy from Donald Trump?

Despite President Donald Trump's attempts to undermine it, the American democracy seems to have survived. We now need to analyze more closely...

From Politics to Macroeconomics and Beyond

Alberto Alesina’s curiosity and intellect led him to a research path that opened up entire fields of research and deepened our understanding...

How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic

In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates...

Financial Trust Index, Covid-Edition: The CDC Is the Most Trusted Institution in America

A special wave of the Booth/Kellogg Financial Trust Index shows a high level of compliance with social distancing guidelines and stay-at-home orders. Approximately 45...

Constitutional Limits to Independent Agencies and Central Banks: A Mini-Course With Paul Tucker (Part 2)

The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...

Does Ownership of Financial Assets Lead Voters to Support Republicans?

Does owning financial assets lead voters to support Republicans? New research on the liberty bonds of World War I suggests the story may be...

LATEST NEWS

Female Academics Are Disproportionately Affected By Covid-19 Disruptions In Childcare

A new paper finds that academics who are parents to young children, and especially mothers, have lost a significant amount of research...

Rethinking Competition: From Market Failures to Ecosystem Failures

Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited....

A Famed Economist’s Public Company U-Turn

Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent...

Preventing Drug Shortages and Saving Lives: The Role of Quality and Reliability Standards

Prescription drug shortages have become more common in recent years, interrupting usual medical care and increasing patient risk and system costs, but...