regulatory capture
Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality.
In December, the United...
Editors’ Briefing: On Our Radar This Week (Jan. 29–Feb. 2)
This week in political economy.
As cities across America continue to compete for Amazon’s second headquarters, Federal Reserve Bank of Minneapolis President Neel Kashkari...
Are Google and Facebook Monopolies?
Chicago Booth’s Luigi Zingales and George Mason University’s Tyler Cowen discuss the market power wielded by digital platforms, and how to promote competition.
Google and...
The Other World Bank Scandal: A New Study Documents How Corporate Collusion Hurts the Bank’s Credibility—and Harms Sustainable Development
While the World Bank scrambles to contain the Doing Business rankings firestorm, a new paper by Rabia Malik and Randall Stone traces a more...
Editors’ Briefing: On Our Radar This Week (Jan. 13–20)
This week in political economy.
The backlash against big tech that began in 2017 continues in earnest. The Economist’s cover story this week: “How to...
New Study Shows Just How Bad the US Labor Market’s Competition Problem Really Is
In recent decades, antitrust policy has all but ignored the issue of monopsony power. Yet a new paper shows that across the US economy,...
Editors’ Briefing: On Our Radar This Week (Jan. 5–13)
This week in political economy.
Facebook is embarking on a radical overhaul of its news feed, emphasizing status updates from friends and family and...
Editors’ Briefing: On Our Radar This Week (Dec. 16–22)
This week in political economy.
Eric Schmidt is stepping down as executive chairman of Alphabet, the parent company of Google. Schmidt, who joined Google...
How Regulation Subsidizes Big Finance
If you want to understand how the US economy is producing big gains for those at the top and stagnation for everybody else, the...
George Stigler and How Freshwater Economics Won the Day
Colleagues and protégés reminisce about the late George Stigler and his impact on the development of economic thought.
Since they first rose to mainstream prominence in the...
