Martin Wolf
Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 for services to financial journalism. Mr. Wolf won the Overseas Press Club of America’s prize for “best commentary on international news in any medium” for 2013 and the 2019 Lifetime Achievement Award at the Gerald Loeb Awards. He was a member of the UK’s Independent Commission on Banking in 2010-11. His most recent publication is The Shifts and The Shocks: What we’ve learned – and have still to learn – from the financial crisis (London and New York: Allen Lane, 2014).
Money in Politics
There Is a Direct Line from Milton Friedman to Donald Trump’s Assault on Democracy
Milton Friedman believed that corporations have a social responsibility to play within the rules of the game. But corporations aren’t just players...
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Antitrust and Competition
The Convoluted Regulatory Regime for M&A Assessments in the US
What happens when the goals of antitrust enforcers clash with regulators focused on issues of national security and public interest? A forthcoming book by Ioannis Kokkoris, Public Interest Considerations in US Merger Control, explores these tensions in the United States regulatory framework.
Antitrust and Competition
Was Microsoft’s “Polluted Java” a presumptively legal improved product design?
Section 2 defendants often interpret the holdings of the United States Court of Appeals for the District of Columbia in U.S. v...
Income Inequality
Income Inequality May Worsen the Spread of Infectious Disease
Income inequality may exacerbate the spread of infectious diseases. In a new paper, Jay Bhattacharya, Joydeep Bhattacharya, and Min Kyong Kim examine the relationship between income inequality and the incidence and prevalence of tuberculosis across countries.
Antitrust and Competition
The Classic Theory of Albert O. Hirschman Argues Against the US Chamber’s Case for Non-Competes
Drawing on the theory of Albert O. Hirschman’s Exit, Voice, and Loyalty, Brian Callaci argues non-compete clauses stifle the important channels of communication between employees and businesses necessary for improving firm competitiveness. The evidence also shows that, despite claims from businesses, non-competes harm rather than reward employees for their loyalty.
Antitrust and Competition
AI For the Antitrust Regulator
Cary Coglianese lays out the potential, and the considerations, for antitrust regulators to use machine learning and artificial intelligence algorithms.
Antitrust and Competition
Creation over Time in Copyright and Patent
On May 18, the United States Supreme Court decided two intellectual property cases with two seemingly different results. A closer look, however, reveals a complimentary concern with the monopolistic power of first movers and how the legal system should enable innovation from second movers over time, writes Randy Picker.
Event Notes
ESG Standards’ Good, Bad and Ugly
The Stigler Center for the Study of the Economy and the State hosted a virtual event discussing the standards, metrics and disclosures of investments focused on Environmental, Social and Governance (ESG) goals. The following is a transcript of the event.