In the same way that Capital in the Twenty-First Century transformed the way economists look at inequality, Piketty's new book Capital and Ideology will...
The two big ideas that animated American public policy since the end of World War II, employer-sponsored social benefits and neoliberalism, are failures. We...
Amazon's price matching policies, which were meant to ensure its dominant position, diminished the ability of brands to control how their products are distributed...
In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the "ethical world."
Paul Collier’s...
The Big Three index fund managers—BlackRock, Vanguard, and State Street Global Advisors—hold a significant proportion of the stock of US public companies, and they...
The offshoring activities of multinational firms explain about one-third of the aggregate decline in US manufacturing employment, according to a new study.Â
Between 1990 and...
If we want to solve the disinformation crisis, we need to fix the perverse incentives created by the online advertising market through structural and...
Weak antitrust enforcement set the stage for Facebook and Google to extract the fruits of publishers’ labor. We won’t be able to save journalism...
The asset management industry has become increasingly concentrated in recent decades. Regulators are concerned about the systemic risks this may pose. Using data from...