value

Covid Economics: During 1918 Influenza, Severe Social Distancing Reduced Negative Impacts on American Economy

ProMarket reviews the most recent and interesting academic papers on the ongoing pandemic: Sergio Correia, Stephan Luck, and Emil Verner studied how US cities and...

Covid Economics: Social Distancing and the Relevant Benefits of Cost-Benefit Analysis

ProMarket reviews the most recent and interesting academic papers on the ongoing pandemic: Michael Greenstone and Vishan Nigam of the University of Chicago estimate that...

An Alternative to Complete Shutdown: Let Younger People Work

The mortality rate of Covid-19 is rising with age. The cost of the economic shutdown declines with the number of people not subject to the shutdown. Consequently,...

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Antitrust and Competition

Is there a “California Effect” in Data Privacy Law? Why the EU is Not the World’s Privacy Cop

Jens Frankenreiter

It is common lore in data privacy law and other fields that stringent regulatory standards (such as the ones introduced in the...

Coronavirus

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That from Becoming the New Normal

Gabriele Gratton, Barton Lee

A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...

Corporate Governance

The Social Responsibility of Business Includes Profits

Alex Edmans

Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not...

Academic Capture

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance  

Renée Adams

One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...

Academic Capture

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

Luigi Zingales

On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in the political finance. Do you have...