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An examination of some little-known ways nation states and central banks prop up megabanks

Capacity, Scale, and Control

Unregistered lobbyists, including former members of Congress, are a key resource for lobbying firms

America’s new “philanthrocapitalists” are enabling social problems rather than solving them

How could reputable ratings agencies – and investment banks – misjudge things so badly?

Ronald Coase, who passed away last week at age 102, spent his academic career swimming against the current.

If there is no universally accepted outside authority to tell us how to judge theories then knowledge is only going to progress by means of debate

The impact of the post-meltdown Federal Reserve policy of ultra-low interest rates and Quantitative Easing (QE) on income and wealth inequality has become an important policy and political issue.

Big Tech companies are swallowing up nascent competitors. Why aren’t regulators paying attention?

Animal rights, child welfare, social equality are all a direct legacy of the “cult of feeling” 

Everyone wants to ring-fence something, but they can’t agree on what:

The Straight Truth

Hedge fund managers are pushing American firms to play Wall Street games instead of investing in technologies of the future. China doesn’t have that problem.

Axel Leijonhufvud showed economists a promising path forward. They should have taken it. Leijonhufvud passed away on May 5, 2022