regulatory capture
The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China
The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
Zoom, Netflix, Slack: Amazon Is Behind All the Services We Use to Work From Home (and That’s a Problem)
The new normal for millions of people represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion...
MBA Students Against Corporate America: “Stop Lobbying the White House on the Defense Production Act”
Since the virus outbreak, the US Chamber of Commerce has lobbied the federal government to limit the use of a piece of legislation that...
“The Way Insurance Companies Have Rigged Our Health Care System, They’re Probably Going to Emerge as Financial Winners from This”
Author and former health insurance executive Wendell Potter explains to ProMarket why the employer-based health care system in the US is “collapsing” and why health...
The Stimulus Package Is Too Expensive and Poorly Targeted: The Waste Contained in the CARES Act
A cost-effective stimulus to mend the effects of a 24 percent drop in GDP would cost no more than $1.3 trillion over a 6-month...
Bethany McLean’s Weekend Reading List: Walmart, Opioids, Oil Prices (and Coronavirus)
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
Oh my goodness, say it isn't so:...
America’s Broken Health Care System Is the Biggest Obstacle to Containing the Coronavirus
Over the past few weeks, it has become abundantly clear that the US health care system is uniquely ill-equipped to deal with a crisis...
Allowing Digital Platforms to Continue Picking the Winners and Losers of Our Economy Is Un-American
Antitrust law aims to stop established companies from shutting out competitors. We should revive enforcement against exclusionary conduct, as well as structurally eliminate the...
Five Conditions for Corporations About to Receive Coronavirus Bailouts
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
