Inequality

The End of the Capitalist-Worker Dichotomy and the Rise of a New Elite?

Economists typically assume that capitalists and workers are different people. A new study, however, finds that the intersection between the top decile...

Covid-19 Aggravates Existing Income, Gender, and Race Inequalities, and Further Increases Political Divisions

Seventy percent of Americans know someone who tested positive; one in five know someone who died from coronavirus, survey shows.

Angus Deaton: “There’s Something Clearly Wrong With Our Corporate System, in Which Pharmaceutical Companies Are Allowed to Kill People for Money”

In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton outlined what he believes the incoming Biden administration should do: introduce price...

Antitrust as Economic Stimulus

By attacking power imbalances, competition policy can steer income to workers and independent merchants who are more inclined to spend than monopoly...

To Make a Difference, Businesses Must Have a Stake in Social Missions

Despite their promises to change the world for the better and remedy social ills, the truth is that corporations are rarely designed...

A $2.5 Trillion Question: What If Incomes Grew Like GDP Did?

Per capita GDP in the US grew 118 percent over the past 43 years. At the bottom 25th percentile, real income for...

The Economic Costs of Discriminating Against Top Talent: Insights From Nazi Germany

A new study looks at the discrimination of Jewish managers in Germany in the 1930s and shows how the rise of a...

Monopolies: Silent Spreaders of Poverty and Economic Inequality

The Covid-19 crisis has exposed the vast inequalities that exist within the US economy. Monopoly power should be at the top of...

The Monopoly Harms That Antitrust Keeps Missing

In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing...

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests 

A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that...

Latest news

Antitrust Misunderstands Innovation. This Is How We Fix It.

Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through...

How Should the Law Tackle Rapidly Evolving Financial Technologies?

The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking...

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first...

International Policymaking Must Evolve

In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...

Event Notes: Academic Bias Under the Microscope

That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...

Corporations Are Not “We the People”

The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.