CAB

The Airline Industry’s Post-2004 Consolidation Reversed 30 Years of Successful Pro-Consumer Policies

A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets...

Why Consolidation Undermined the Airline Industry’s Ability to Recover from the Coronavirus Crisis

A major factor contributing to the industry’s struggles during the current crisis was the loss of resiliency due to the consolidation...

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Antitrust and Competition

The ACCC’s News Media Bargaining Code: Experimenting with “Decentralized Regulation” of Dominant Digital Platforms

Cristina Caffarra, Gregory S. Crawford

The Australian Competition and Consumer Commission recently proposed a mandatory bargaining code to govern negotiations between digital platforms like Google and Facebook...

Friedman 50 Years Later

Market Forces Already Address ESG Issues and the Issues Raised by Stakeholder Capitalism

Eugene F. Fama

Eugene Fama: When do market forces push firms toward stakeholder goals, rather than just shareholder goals? When do market forces push firms...

Capitalisn't

Capitalisn’t Is Back: Can Economists and Journalists Work Together to Improve Capitalism?

Luigi Zingales, Bethany McLean

Is capitalism the engine of prosperity, or is it the engine of destruction? On this podcast, we talk about the ways capitalism...

Friedman 50 Years Later

Missing in Today’s Shareholder Value Maximization Credo: The Shareholders

Luca Enriques

Luca Enriques: Today’s corporate world is very different from the one Milton Friedman wrote in. In a world where the question of...

Antitrust and Competition

Australia’s News Media and Digital Platforms Bargaining Code is Great Politics But Questionable Economics

Richard Holden

If the Australian government wants to subsidize high-quality journalism then it should, well, subsidize high-quality journalism. The new proposed ACCC code would...

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