wages

The Profit Paradox: A New Approach to Competition and Market Power

Jan Eeckhout’s recent book The Profit Paradox is a serious attempt to explain rising market power and its implications to a wider...

Charting a Path Forward for College Athletes to Receive Pay

How should colleges pay their student-athletes? A likely model lies with another group of university students, who like near-pro athletes receive tuition...

States Beat NCAA, Feds in Race Towards Student-Athlete Pay

For decades, NCAA amateurism regulations limited student-athlete benefits to scholarships and related stipends, even as revenues soared into the billion dollar range....

Do Employees Benefit From Worker Representation on Corporate Boards?

Mandated legislation of worker representation is unlikely to be the magic bullet some policy-makers have pictured. A new paper finds workers may...

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...

The Effects of Student Debt Forgiveness

While student loan forgiveness is undoubtedly expensive, research suggests that individuals whose debt is forgiven get better jobs, experience higher mobility, 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...

The Covid-19 Bailout That Big Business Is Lobbying for Could Make America Unrecognizable

Supporting industries is necessary to mitigate the economic impact of the pandemic. But using the coronavirus as an excuse, Boeing and other companies are...

LATEST NEWS

A New Browser Extension Aims to Bring Transparency to Big Tech Funding

As Congress prepares to debate a series of new antitrust bills​, the​ Big Tech Funding browser extension encourages lawmakers to be mindful...

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a...

Two Years After the Business Roundtable Statement: Pointing in the Right Direction

The 2019 Business Roundtable statement was a welcome break from the position that the nation’s top corporate CEOs took in 1997, when...

The Complicated Legacy of the “Chicago Boys” in Chile

How did a group of Chicago-trained economists manage to turn Chile into the cradle of neoliberalism? As the country aims to move...

“Comments for Sale”: Charitable Donations Can Lead Non-profits to Support Corporate Regulatory Agendas

A new paper shows how financial ties between companies and non-profits can subvert rulemaking process and lead to regulations that favor the...