The Role of the State

The Humbling of Mark Zuckerberg

Zuckerberg's Congressional testimony this week illustrated just how much Facebook's top brass still underestimate the public anger against the company. Congress, however, is still...

Vertical Media Mergers Are a Serious Threat to Freedom of Speech

Antitrust regulators should stop mergers where a firm owning the means of transmission acquires a provider of content. The people that own the pipes...

If Journalists Want to Save Journalism, They Should Stop Asking Google for Money

A new report claims Google has been using its Google News Initiative to stage a “media takeover” and reveals the increasing influence of the...

How Economic Concentration and Crony Capitalism Led to the Chaos in Chile

The signals of unrest in Chile mounted for years amid corruption scandals, rising inequality, and new monopolies. The fare increase on public transport that...

How the “Watergate Babies” Released the Beast of Monopoly Upon America

Why did Washington respond to the 2008 financial crisis by pushing even more wealth and power into the hands of the same people that...

Banning Noncompete Agreements Benefits Low-Wage Workers

Examining the effects of a 2008 ban on noncompete agreements for low-wage workers in Oregon, a recent paper finds that the ban increased average...

The Good News: Fewer Americans Were Exposed to Fake News in 2018. The Bad News: This Probably Won’t Last

As it turns out, a majority of the American public is not bad at identifying disinformation. But as the 2020 election nears, the online...

Uber and the Sherlock Holmes Principle: How Control of Data Can Lead to Biased Academic Research

How can we ensure that academic journals do not become an unintended instrument in the PR efforts of powerful firms? Luigi Zingales offers some...

Aaron Director and the Empirical Foundation for the Chicago Attitude on Antitrust

Empirical evidence, not just disembodied theory, was an important building block of Director’s view that competition could defeat concentration, writes Daniel Kuehn. Editor's note: Aaron...

A Fair Amount of Freedom for Everyone: Aaron Director Did Have Ideals

David Henderson of the Hoover Institution defends the legacy of Aaron Director, the most enigmatic among the founders of the so-called "Chicago School." Director, argues...

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