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"The Lack of Competition Has Deprived American Workers of $1.25 Trillion of Income"
French economist Thomas Philippon, author of the recent The Great Reversal, explains how Europe got to be better at free markets than the US and how...
The Betrayal of Populism: Why the New Far Right Is the Real Threat to Our Democracy
Much of the discussion on populism focuses exclusively on protest against the political system: the protest of “the people” against “the elite.” But elites...
The Uber Bubble: Why Is a Company That Lost $20 Billion Claimed to Be Successful?
In the first of three interrelated articles, transportation consultant Hubert Horan discusses Uber's "uncompetitive economics." There is no real innovation in the company's business...
The New SEC Proxy Rules Will Redefine American Capitalism: Let’s Debate Them
A new SEC proposal regarding proxy advisors will make it harder for shareholders to vote against CEOs' preferences. However, there is a 60-day period...
The SEC's Proposal on Proxy Advisor Regulation Shields CEOs From Accountability to Investors
SEC Commissioner Robert Jackson dissented from his SEC colleagues' proposal on how to reform proxy advisors regulation. New rules, he argues, would introduce a...
Monopolization in the Name of Privacy: Google Is Slowly But Steadily Closing Its Advertising Ecosystem
In attempting to address legitimate privacy concerns, Google could be trying to monopolize surveillance.
As Big Tech’s leviathan wraps its tentacles around online markets,...
How Economic Concentration and Crony Capitalism Led to the Chaos in Chile
The signals of unrest in Chile mounted for years amid corruption scandals, rising inequality, and new monopolies. The fare increase on public transport that...
The Lousy Job Economy: Young People Bear the Brunt of a Long-Term Decline in American Job Quality
A new study finds a steady decline in the quality of American jobs between 1979 to 2017, even as GDP has grown. This decline...
“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
How a Simple Tweak to a Federal Form Could Help Borrowers Potentially Avoid Defaulting on Student Loans
A federal program seeks to help borrowers avoid defaulting on their student loans through income-based repayment plans, but many eligible borrowers do not enroll....
