regulatory capture

Guns and Votes: The Victory of an Intense Minority Against an Apathetic Majority

This column on the "gun-control paradox"—the fact that gun regulations continually fail in the US Congress despite being supported by around 90 percent of...

Editors’ Briefing: On Our Radar This Week (Feb. 10–Feb. 17)

This week in political economy. Yesterday's New York Times editorial: “The terror that has gripped their elected officials … is fear of the wealthy gun...

Case 2000: How Netanyahu and Israel’s Most Powerful Media Mogul Planned to Subvert the Market for News and Ideas

It doesn’t involve a high-profile American billionaire, and yet of the two cases on which the police recommended indicting Israel’s prime minister, “Case 2000”...

Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”

In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality. In December, the United...

Editors’ Briefing: On Our Radar This Week (Jan. 29–Feb. 2)

This week in political economy.   As cities across America continue to compete for Amazon’s second headquarters, Federal Reserve Bank of Minneapolis President Neel Kashkari...

Are Google and Facebook Monopolies?

Chicago Booth’s Luigi Zingales and George Mason University’s Tyler Cowen discuss the market power wielded by digital platforms, and how to promote competition.         Google and...

The Other World Bank Scandal: A New Study Documents How Corporate Collusion Hurts the Bank’s Credibility—and Harms Sustainable Development

While the World Bank scrambles to contain the Doing Business rankings firestorm, a new paper by Rabia Malik and Randall Stone traces a more...

Editors’ Briefing: On Our Radar This Week (Jan. 13–20)

This week in political economy.        The backlash against big tech that began in 2017 continues in earnest. The Economist’s cover story this week: “How to...

New Study Shows Just How Bad the US Labor Market’s Competition Problem Really Is

In recent decades, antitrust policy has all but ignored the issue of monopsony power. Yet a new paper shows that across the US economy,...

Editors’ Briefing: On Our Radar This Week (Jan. 5–13)

This week in political economy.      Facebook is embarking on a radical overhaul of its news feed, emphasizing status updates from friends and family and...

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