The Big Fail co-author Bethany McLean — also co-host of Stigler Center podcast Capitalisn’t — sits down with ProMarket to discuss how concentration and played a role in the United States government’s response to the Covid-19 pandemic.
In a recent paper on “The Great Startup Sellout,” Bruno Pellegrino of Columbia University and a Stigler Center affiliate fellow, and Florian Ederer of Boston University, study how the changing life cycle of startups is affecting competition in the US economy. They conclude that the companies acquiring startups have become more and more insulated from competition.
Nobel Laureate and bank run expert Douglas Diamond argues that the Fed’s choice to signal long-term low interest rates, and then suddenly reverse course...