How Powerful Ideas Can Shape Society: Aaron Director and the Triumph of Nihilism

The rise of giants like Amazon and Facebook proves the long-lasting influence of Director’s approach. His intellectual and political legacy is the transition of legitimacy from democratic institutions as the locus of governing power to private monopolies.  

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Presenting: The Stigler Center’s Report on How to Rein in Big Tech

The Stigler Center presents its policy suggestions on how to address the political and economic issues raised by the market power of tech platforms like Google and Facebook. The result of a year-long, multidisciplinary research, the recommendations are aimed at promoting competition, protecting consumers, and defending democracies while maintaining the benefits of digital platforms.  

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How to Protect Competition and Consumers in Digital Markets

While some markets may self-correct, rapid self-correction in markets dominated by large digital platforms is unlikely. The economy and market structure subcommittee of the Stigler Center’s Digital Platforms Project proposes ways to reform antitrust law and regulation in order to adequately deliver competition to consumers.   

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