Trump Administration

Why the US Government Buys Overpriced Services From McKinsey

The Industrial Funding Fee pays $3 million a year for a 23-year old McKinsey employee instead of hiring an experienced person directly to do...

"The Question Is Whether We Live in a Democracy or a Corporate State"

In an interview with ProMarket, Goliath author Matt Stoller discusses the political choices that led to the downfall of the American antimonopoly movement and the “addiction to...

"You Can Put the Monopoly Tiger in a Cage but You Cannot Transform a Tiger Into a Vegan"

In an extensive interview with the Swiss news website TheMarket.ch, Luigi Zingales discusses ways to deal with Big Tech and the impact of the...

Fake Letters Poisoned the Debate on SEC's New Rules on Shareholder Votes and Proxy Advisory Firms

SEC Chairman Jay Clayton claimed that the draft regulation on shareholders' votes and proxy advisory firms received approval by hundreds of "Main Street" Americans....

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 Other Side of Trump's Shadow Diplomacy: After Ukraine, Quid Pro Quo in Italy Too?

The White House asked the Italian government for support in its "investigation on the investigators" to prove the existence of a Democratic plot against...

The Surprising Twist in GOP Economic Thinking: Tax Cuts Might Be Bad for Business

Senator Mitt Romney wrote Donald Trump a letter to stop his plan to reduce capital gain taxes. This is an important signal that a...

The News About Antitrust’s Impending Resurgence Has Been Greatly Exaggerated

The federal antitrust agencies don’t appear to be serious about their recent Big Tech push. And given that the Supreme Court and federal judiciary...

How Antitrust Became Mainstream, Part 3: The Antimonopoly Political Revolution

In this third and final part of his three-part series on the resurgence of antimonopoly, Matt Stoller explains how the election of Donald Trump...

How the Legal System Helps the Media Hold the Powerful to Account

The legal system is the bloodline of investigative journalism. Recent maneuvers by the Trump administration may jeopardize it.     When done effectively, investigative journalism can greatly...

LATEST NEWS

President-Elect Joe Biden and the Real Lessons of DuPont

Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to...

How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations

Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff....

How Pfizer’s Vaccine Announcement Demonstrates the Political Power of Firms

By timing the disclosure of the results of its vaccine trial, Pfizer could have influenced the 2020 presidential election. This is worrisome...

The Useful Distraction of Section 230

How the red-herring of a politicized Section 230 and “conservative censorship” distracts from a bipartisan national privacy act.

Institution Man: How Corporations Came to Dominate the US Economy

In the first chapter of his book Transaction Man, Nicholas Lemann explores how Adolf Berle, author of The Modern Corporation and Private...