virus

Why Social Distancing Measures Seem Less Effective in the US

Guidelines assume that the less people move around, the less likely they are to be in contact. However, phone location data show...

After the Lockdown: Italian Consumers Are Cautious About Returning to Normal

The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to...

How Has the Covid-19 Crisis Affected Hourly Workers at Small Businesses?

Since the coronavirus crisis began, firms have dramatically reduced employee hours. By March 28, total hours declined over 70 percent in states with the...

A New Capitalisn’t Episode: How to Exit the Covid-19 Quarantine – a Reading List

For the good of public health, it's important that we continue staying in quarantine, at least for another month or two. But eventually, we...

Deaths of Despair and Covid-19: a Webinar With Angus Deaton and Luigi Zingales

Deaths of despair are a slow disintegration of working-class lives: Will the coronavirus accelerate this process? In a conversion with Luigi Zingales, Nobel laureate...

Covid Economics: The Marcoeconomic Impact of the Pandemic and Policy Responses

ProMarket reviews the most recent and interesting academic papers on the ongoing pandemic: One paper argues that people do not always fully internalize the...

MBA Students Against Corporate America: “Stop Lobbying the White House on the Defense Production Act”

Since the virus outbreak, the US Chamber of Commerce has lobbied the federal government to limit the use of a piece of legislation that...

Is Regulation Jeopardizing Policy Response to Coronavirus Crisis? Sendhil Mullainathan and Richard Thaler Collect Red-tape Stories

Two of the most well-known University of Chicago economists launched a website to collect examples of regulations that are limiting the United States' reaction to...

How and When to Restart the Economy: a Webinar with Nobel Laureate Paul Romer

Princeton Professor Markus Brunnermeier and Nobel laureate economist Paul Romer explore what options we have to stop the pandemic and recover economic activities. Is...

Bethany McLean’s Weekend Reading List: Covid-19 Models, Grocery Stores, and Bank Robberies

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.      Lies, Damn Lies, and Statistics. Maybe we...

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Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones.

Bethany McLean’s Weekend Reading List: Elder Care Facilities, Twitter, and Pot

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...

How Market Design Economists Helped to Engineer a Mass Privatization of Public Resources

In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way...

How Alberto Alesina Challenged the Median Voter Theorem

"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan...