Archive

The tech giant is in the hot seat, but it’s going to be a “big fight,” warns antitrust expert Mark Glick.

We have made progress but not enough to forestall crises

The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies

What lessons need to be drawn on this anniversary?

By all accounts infection rates have ebbed. But were we good or were we lucky?

New technologies are not the problem. It’s a system distorted by a flawed ideology.

ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*

Economists had to distort economic theory to fashion their merger “efficiency” arguments

Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.

Stock buybacks as a mode of predatory value extraction

ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.

The monetary policies of major central banks in advanced economies have had negative consequences and thus need to be fixed

Reaching climate goals means rich countries must invest in sustainable technologies in developing countries with huge energy needs.

The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance.

On the reflexive relationship between inflation and inflation narratives