News

The Roots of Congress’ Pathbreaking Report on Big Tech

While the House Judiciary report is chock-full of impressive “gotcha” moments concerning anticompetitive conduct by tech platforms, the real bombshell is the...

Structural Separation and Self-Preferencing: What are the Right Lessons of History?

IBM’s entry into the PC market can teach us a lot about the risks involved with the sort of structural separations recommended...

Can Institutional Investors Solve Societal Issues When Governments Fail to Do So?

A new study looks into the social costs associated with private prisons to show that privatization may come with social trade-offs when...

Is Twitter’s Policy Silencing Public Debate or Preventing Disinformation? Or Both?

Last October, Twitter banned political ads from its platform in an attempt to prevent disinformation campaigns and electoral interference. There was one...

Bringing Ethics Back to Friedman’s Call to Purpose for the Next 50 Years

Fifty years ago, Friedman compellingly presented his argument for shareholder primacy. But as currently implemented, shareholder primacy threatens the unifying purposes that...

Why Congress Must Take on Big Tech Monopolies

Congress must overturn bad Supreme Court precedent and reassert Congressional supremacy over the Supreme Court in antitrust policy. It should legislate break-ups and...

Milton Friedman and the Need for Justice

Milton Friedman predicated his shareholder value maximization credo on the strong implicit and explicit assumptions that the rules of society protect stakeholders...

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...

What the US Economy Could Look Like if Digital Markets Were Open and Competitive

The US House of Representatives' investigation into digital platforms has opened Americans' eyes to the widespread harms that flow from the illegal...

Bethany McLean’s Weekend Reading List: Inequality, Remote Learning and the First Female Recession

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.

Latest news

New Study Warns Antitrust Inaction May Lead To Acceptable Collusion for Public Policy Considerations

The modernization of EU antitrust laws muddied the water with regard to the ways that antitrust authorities and courts should handle situations...

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections.

The “Conspiracy” of Consumer Welfare Theory

Matt Stoller argues there was a conspiracy. It was more of an association with a singular purpose.

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid...

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...

How to Design Data Protection Laws That Actually Work 

More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...

Are Monopolists or Cartels the True Source of Anticompetitive US Political Power?

Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in...