Corporate profits
The Best Political Economy Books of 2021
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic...
Addressing Climate Change Must Begin with Verifiable Carbon Accounting
Robert Kaplan and Karthik Ramanna propose a new approach for verifiable accounting on indirect corporate emissions that would apply to all corporations, increase incentives...
The Social Responsibility of Business Includes Profits
Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not to sacrifice...
The Profit Paradox: A New Approach to Competition and Market Power
Jan Eeckhout’s recent book The Profit Paradox is a serious attempt to explain rising market power and its implications to a wider audience. While...
Why Corporate Purpose is Important to the Recovery From the Pandemic
A new initiative seeks to encourage directors, managers, asset owners, and other internal and external stakeholders to collaborate on articulating an actional principle of...
How Unusual is the Recent Boom in Profits and Values of US Listed Corporations?
In the past decades, the US stock market and business profits have been growing much faster than the rest of the economy. A new...
The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages, even if...
Shareholder Value and Social Responsibility Are Not At Odds
Being socially responsible can, and frequently does, make good business sense. There are plenty of opportunities for companies to do well by doing good.
Editor’s...
The Business Roundtable CEOs’ Statement: Same Old, Same Old
Despite the media hype about corporate CEOs having abandoned their shareholder value maximization credo, the recent statement from the Business Roundtable contains nothing new...
The Anticompetitive Effects of Low Interest Rates
A new study argues that declining interest rates are in fact the cause of the recent decline in competition.
Corporate profits in the United States...
