The two big ideas that animated American public policy since the end of World War II, employer-sponsored social benefits and neoliberalism, are failures. We...
The “consumer welfare” approach to antimonopoly is the main contributor to the extreme and dangerous concentrations of power that Americans face today. In place...
A new study compares the trends in national and local industrial concentration between 1976 and 2015, and explains why they diverged.
The idea that firms...
A new Stigler Center working paper shows that after decades of decline, profits started increasing in the early 1980s.
Financial profit is ostensibly the...
In 1933 the United States launched its Silver Purchase program, which raised silver prices worldwide, drained China’s silver stock, and caused credit to Chinese...
In an interview with ProMarket, Glen Weyl, co-author of the wildly ambitious (and wildly controversial) new book Radical Markets: Uprooting Capitalism and Democracy for a...