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The Passive Mechanisms of Common Ownership

A new paper explores the conundrum that common ownership poses for antitrust enforcers and competition and corporate scholars and sheds light on the distinctive...

Chart of the Week: Income Inequality Threatens Capitalism

A new survey of economists by the Initiative on Global Markets indicates that 67 percent agree or strongly agree that the rise in income...

Nobel Laureate Oliver Hart on Empowering Twitter’s Shareholders

In an interview with ProMarket, Nobel laureate Oliver Hart explains why broadening our perspective on fiduciary duty beyond maximizing shareholder wealth could empower individual...

Corporate Sovereigns and the Emergence of State Sovereignty: A Closer Look at the East India Company

A new data collection has made it possible to reveal the self-sovereignty of the English East India Trading Company that produced a company-state and...

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