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.
Dear...
Sorry, Mr. Delrahim: Big Tech’s Worst Abuses Can’t Be Cured Without Stiffer Regulation
Simply adding competition in the tech sector won't solve problems like privacy abuses or discrimination. Competition is needed, but regulation is a necessary element...
Designating Tech Platforms as “Information Fiduciaries” Would Do Little to Address the Source of Their Power
The notion that Facebook, Google, and Twitter should be assigned fiduciary duties toward their end users has gained broad support in recent years. However, this...
Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?
A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...
“Facebook Is Unaccountable to Shareholders, to its Users, to Government”
At the Stigler Center’s annual competition conference, Facebook co-founder Chris Hughes called for the unwinding of Facebook’s WhatsApp and Instagram acquisitions and the creation...
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...
The “Biggest Puzzle in Economics”: Why the “Superstar Economy” Lacks Any Actual Superstars
A new study finds that the contribution of superstar firms to US productivity growth has decreased by more than 40 percent over the past...
The Road to Digital Serfdom? The Visible Hand of Surveillance Capitalism
Surveillance capitalism is not the capitalism of old, writes Harvard professor emerita Shoshana Zuboff in her new book The Age of Surveillance Capitalism.
Surveillance capitalism departs...
Editors’ Briefing: This Week in Political Economy (December 9-16)
Congress misses an opportunity to scrutinize Google; the IRS is on life support; Johnson & Johnson reportedly knew for decades that its baby powder...
Editors’ Briefing: This Week in Political Economy (September 22–29)
Facebook’s bad week included a new security breach, high-profile resignations and damaging exposés; tech giants are spending billions on physical infrastructure and lobbying for...
