Stigler Center for the Study of the Economy and the State

#IndustrialPolicy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in a big way. On issues ranging from #cleanenergy to #semiconductors to #COVID19, governments are trying to improve the performance of key business sectors. Can they manage to do so without subverting competition and subsidizing special interests?  Check out our first-ever print edition of ProMarket, also available as a free #ebook. https://lnkd.in/g_AEQvrp Contributors include: Brad DeLong, Professor of Economics at the University of California, Berkeley Nathaniel Lane, Associate Professor at the University of Oxford and fellow at the Roosevelt Institute Réka Juhász, Assistant Professor of Economics at Vancouver School of Economics at UBC Michael Munger, Professor of Political Science at Duke University Gary Hufbauer and Megan Hogan at the Peterson Institute for International Economics Chiara Criscuolo, Head of Productivity Innovation and Entrepreneurship at OECD - OCDE Guy Lalanne, Senior Economist also at the OECD Lenore Palladino, Economist and Professor at the University of Massachusetts Amherst and also a fellow at the Roosevelt Institute John Van Reenen, Professor at The London School of Economics and Political Science (LSE) and fellow at the MIT Initiative on the Digital Economy Mark Muro, Senior Fellow at The Brookings Institution Nagesh Kumar, Director, Institute for Studies in Industrial Development and non-resident Senior Fellow at the Boston University Global Development Policy Center Walter Frick, our Contributing Editor

Call for 2025 Applications: The Stigler Center Affiliate Fellowship! This non-resident, 3-year appointment is designed to strengthen and cultivate a multidisciplinary community of scholars worldwide working on political economy, regulatory capture, and competitive markets. Scholars from law, political science, public policy, and other related disciplines are encouraged to apply.  #StiglerAffiliate Fellows will benefit from: ✅ An annual closed conference to develop early research ideas and build partnerships. ✅ Monthly workshops for presenting and receiving feedback on research. ✅ Access to the Stigler Center Working Papers Series and ProMarket for disseminating research. 🗓️ Apply by January 19, 2025! If you know any pre-tenure colleagues or former PhD students who might benefit, please share this opportunity! Learn more & apply: https://lnkd.in/enVstXGY

How can leaders bridge the divide in a world of outrage? Join us for a conversation with Karthik Ramanna (University of Oxford) on his new book, "The Age of Outrage: How to Lead in a Polarized World", moderated by John Paul Rollert from The University of Chicago Booth School of Business. Together they will explore how leaders and their teams can navigate and thrive in today’s polarized environment. Register: https://lnkd.in/eUsiCS6T Jointly cohosted with: The Rustandy Center for Social Sector Innovation

Call for papers: Stigler Center 2025 Antitrust Conference The Stigler Center is inviting submissions of short academic pieces (up to 2000 words) focused on how economic concentration can impact the marketplace of ideas. The authors of the best submissions will have their work published on ProMarket.org and will be invited to discuss their ideas at the Stigler Center’s 2025 Antitrust and Competition Conference, which will take place in Chicago on April 10-11, 2025. Learn more & apply: https://lnkd.in/eSBpREYj #StiglerAntitrust25 🗓️ Submission Deadline: January 5, 2025

NEW on ProMarket: Both Donald Trump and Kamala Harris have proposed policies that encourage the redistribution of resources rather than maximizing efficiencies to grow the economic pie. Jeffrey A Miron (Harvard University) and Constantin Wells argue these preferences will harm the American economy and voters in the long term. https://lnkd.in/eAGjGUzK

🎙️ Join us for a #LIVE podcast recording of #Capitalisnt! Sir Niall Ferguson (Hoover Institution, Stanford University) will join co-hosts Bethany McLean and Luigi Zingales (The University of Chicago Booth School of Business) to dive into a fascinating conversation on how declining fertility rates are reshaping global politics and economics. Register: https://lnkd.in/eGjYvS83 #Capitalisnt #GlobalEconomics #FertilityRates #Politics #Economics

NEW on ProMarket: From collaborator to commentator, economist Leopoldo Fergusson (University of the Andes) offers a unique perspective on his work with recent Nobel laureates in economics, James A. Robinson (University of Chicago), Daron Acemoglu and Simon Johnson (Massachusetts Institute of Technology). Fergusson reflects on their groundbreaking research on institutions, political incentives, and social norms, while providing personal insights into the brilliance and generosity of James Robinson and Daron Acemoglu. Read: https://lnkd.in/eEfjH6GE #NobelPrize 🏆 ✒️ Revisit the #ProMarket article by James A. Robinson and Daron Acemoglu to learn about their research and how they came to the conclusion that democracy boosts GDP: https://lnkd.in/e7H4_5df

Congratulations to Agustin Hurtado for winning the 2024 ASHE Dissertation Award! #StiglerResearch Agustin, a proud University of Chicago PhD graduate from The University of Chicago Booth School of Business, is also a former recipient of the Stigler Center’s PhD Dissertation Award. Learn more: https://lnkd.in/ehWc3qki

NEW on ProMarket: In a recent revision of its Premerger Notification Regulation, the FTC removed labor market provisions from the previous draft as Commissioner Melissa Holyoak dismissed them as “a solution in search of a nonexistent problem.” Eric Posner (University of Chicago Law School) argues that her assessment contradicts a substantial body of academic research showing that labor market concentration is indeed a serious concern. Read: https://lnkd.in/ex7H_kvm #Antitrust #FTC #Labor

NEW on #Capitalisnt: Pulitzer Prize-winning investigative journalist brody mullins joins Bethany McLean and Luigi Zingales to discuss how lobbyists and corporate influence shape Washington and what it means for #capitalism today. Listen: https://lnkd.in/gUuU7HfT