In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the “ethical world.”
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Why American Voters Are Still Not Ready to Support Carbon Taxes
Economists and policy elites love carbon taxes, but voters dislike them. A new study suggests that ideology has a lot to do with it.
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How the Supreme Court Is Rebranding Corruption
In thirteen years of hostile decisions, the Roberts Supreme Court has done all it can to legalize corruption. With the Bridgegate case, it gets a chance to wreak even more havoc and possibly end the use of the term “corruption” as a useful legal concept.
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“Following the Money” to Uncover Terrorist Organizations
Critics have argued in recent years that financial counterterrorism is costly and ineffective. But a new Stigler Center working paper shows that it can reduce terrorist attacks and casualties.
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How Reforming Antitrust Can Restore a Competitive Economy
For decades, competition in America has been on the wane, leading to slower economic growth and a gaping chasm of inequality. Antitrust can help reverse the trend, but antitrust doctrines and enforcement actions once thought adequate are proving insufficient. Fixing the problem is urgent.
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The News About Antitrust’s Impending Resurgence Has Been Greatly Exaggerated
The federal antitrust agencies don’t appear to be serious about their recent Big Tech push. And given that the Supreme Court and federal judiciary are firmly in conservative hands, it doesn’t matter—antitrust enforcement won’t come back so soon.
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How Antitrust Became Mainstream, Part 3: The Antimonopoly Political Revolution
In this third and final part of his three-part series on the resurgence of antimonopoly, Matt Stoller explains how the election of Donald Trump helped bring antimonopoly thinking back to the forefront of the political discourse.
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How Antimonopoly Was Revitalized, Part 2: Barack Obama and the End of the End of History
In this second installment of his three-part series on antitrust’s recent resurrection, Matt Stoller discusses the legacy of Obama’s presidency. The real policy for which Obama will be known is not Obamacare or Dodd-Frank, but bailing out the banks after the 2008 financial crisis and helping Americans and the rest of the world understand that liberal democratic rhetoric was really an ornamental cover for a system of concentrated financial and political power.
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Why Antimonopoly Awoke From Its Slumber, Part 1: The Clinton Era’s Failed Utopia
In the first part of a three-part series, Matt Stoller explains why antimonopoly politics is experiencing a resurgence.
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We Need to Deal With WhatsApp’s Misinformation Problem
A peculiar feature of WhatsApp groups has made the spread of misinformation much easier. We need better design guidelines for platforms like WhatsApp, ones that can curb disinformation without infringing on user privacy.
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Angus Deaton: Today’s Inequalities Are Signs That Democratic Capitalism Is Under Threat
At the launch of the IFS Deaton Review, a 5-year review of rising inequalities in the UK, Sir Angus Deaton decried extreme inequality and the system that allows it. “As it is, capitalism is not delivering to large fractions of the population.”
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Dear Graduates, Here’s What You Can Do to Change Capitalism For the Better
Delivering UChicago’s 532nd Convocation address, Luigi Zingales advised young graduates to embrace their power as consumers, workers, and citizens and fight corporate monopolies.
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