Matt Stoller

Matt Stoller is the Director of Research at the American Economic Liberties Project. He is the author of the Simon and Schuster book Goliath: The Hundred Year War Between Monopoly Power and Democracy. Stoller is a former policy advisor to the Senate Budget Committee.

GameStop, the Cantillon Effect, and America’s Corrupt Financial Plumbing

The GameStop frenzy, far from a morality tale of the people showing up Wall Street elites, should show that something is seriously...

The Death of Independent Podcasting: What Spotify Is Trying to Do With the Joe Rogan Deal

Spotify is gaining power over podcast distribution by either buying production directly or striking exclusive deals, as it did with Rogan. Once...

Amazon-Owned Movie Theaters: the Next Step in Entertainment Industry Consolidation

Amazon is in talks to buy AMC Theaters, whose business model was jeopardized by the coronavirus pandemic. Other streaming companies, such as...

Here’s How Covid-19 Is Boosting Monopolization and Market Power

Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends...

How the Tension Between Big Business and Antitrust Will Reshape Post-Covid America

Big Business is going to be structuring the response to the pandemic, at least temporarily. A new generation of leaders and thinkers...

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values...

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...

The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China

The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...

How Private Equity Companies Are Lobbying to Profit from The Covid-19 Economic Fallout

Private equity funds aren’t just seeking to save the investments they already have, but to get access to more capital to invest in a...

The Danger of No Antitrust Enforcement: How a Merger Led to the US Ventilator Shortage

In order to enhance its market power, a large medical device manufacturer and distributor named Covidien bought up the small and competitive Newport Medical...

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Most Americans Consider Themselves Middle-Class. But Are They?

There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal...

Barriers to Entry as Another Source of Top Income Inequality

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of...

ProMarket Reader Survey: We Want Your Feedback

As ProMarket enters its sixth year of operation, we would like to understand what you, our readers, like about it and what...

What Stakeholder Capitalism Can Learn From Jensen and Meckling

Jensen and Meckling’s 1976 article is an academic classic, but heavily criticized by stakeholder capitalists for arguing that corporate structures should be...

How Twitter Weakened India’s Information Ecosystem

India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts...

Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott

There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry...

Europe Lacks a Vision for How Apple’s App Store Fees Should Work

The European Commission believes that Apple is violating European competition laws and raising prices for consumers in how it operates its App...