Scandal-rocked FIFA has sought to scrub up its image by bringing in ostensibly disinterested outsiders to fill oversight roles. Here, Steven A. Bank argues that internal whistleblowers are in fact better suited to improving the organizational culture that led to FIFA’s corruption.
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Brett Kavanaugh is expected to bring his pro-business bent to the Supreme Court; the DOJ is appealing the AT&T-Time Warner merger approval; Britain fines Facebook and the EU is expected to fine Google; and who really benefits from the GOP’s tax cuts?
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Is the United States becoming more culturally divided across racial, gender, income, religious, geographic and political lines? New research from SMU and UCLA finds rising divisions since the early 2000s. But this is not happening across all identity cleavages, and the divisions have not reached historically unprecedented levels.
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Correct numbers alone cannot stop charismatic politicians using convincing narratives, even if the latter are based on “alternative facts.”
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Does owning financial assets lead voters to support Republicans? New research on the liberty bonds of World War I suggests the story may be more complex.
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In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our system of government.
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SCOTUS Forum. The University of Kentucky’s Ramsi Woodcock argues that the problem with the Ohio v. Amex ruling is not that the Supreme Court got the outcome wrong, but that under current law—the consumer welfare standard—the Court got the outcome right.
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Scott Pruitt resigns from the EPA; a new report finds that digital platforms are not fully complying with the EU’s new privacy rules; Google, meanwhile, has a new privacy scandal; a month after its acquisition of Time Warner was approved, AT&T is already raising prices for its streaming TV customers; and former Treasury Secretary Timothy Geithner’s new career draws criticism.
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In an interview with ProMarket, Open University’s Peter Bloom talks about his provocative new book CEO Society and why he believes celebrating corporate CEOs too much erodes democratic values.
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SCOTUS Forum. In this second post in our roundtable of op-eds on the Supreme Court’s June 25 Amex decision, UChicago’s Randy Picker looks at how the opinion incorporated the theory of two-sided markets and the merits of the claim that Amex’s anti-steering rules are in fact pro-competitive.
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SCOTUS Forum. In the first of a roundtable of op-eds on the Supreme Court’s Amex decision of June 25, Chris Sagers harks back to William Howard Taft’s warning that entertaining defenses of patently anticompetitive behavior would be to “set sail on a sea of doubt.” The Amex decision, writes Sagers, shows Taft was right.
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The Supreme Court’s Ohio v. American Express has few admirers; the financial disclosure of the new director of the FTC’s Bureau of Consumer Protection reveals a long list of previous corporate clients; Amazon is getting into US health care; and can Netflix avoid the techlash?
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