Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.
Read more...Why stories from “value creators” should be taken with a fistful of salt.
Read more...How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.
Read more...Monopolies aren’t good for anyone except for the monopolists, especially when they can influence our elections and control how Americans receive information.
Read more...A former insider explains why more transparnecy won’t solve bad health care pricing practices.
Read more...As they so often do, by promoting unrealisitc models, economists have become part of problem rather than the solution.
Read more...The authorities have come to realize that monopolists like Google and Amazon aren’t good for the health of the economy or even (despite their tech sheen) “innovation”.
Read more...The US Civil War did not do lasting damage to the economic position of wealthy slaveholding famiies.
Read more...A post-mortem of the Uber and Lyft IPOs.
Read more...Advertising is bad for you! And not just your wallet!
Read more...The Chicago School’s weakening of antitrust law hurt the economy
Read more...The Peter Principle lives!
Read more...Looking at some of the non-CO2 costs of increasing renewable energy production and distribution.
Read more...While it is gratifying to see Senator and presidential contender Elizabeth Warren focusing on antitrust and the abuse of monopoly power, her $25 billlion fix looks too simplistic.
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