Business & Industry

Cisco’s turn from innovation to financialization and what it means for the competitive position of the US information-and-communication-technology industry

The advent of military Keynesianism is a warning against complacency about the moral superiority of the West in defending Ukrainian democracy.

How Showering Money on Both Parties Paralyzed Regulators

Despite the accumulation of serious and unsolvable problems, the Consumer Welfare Standard survives and continues to be taught to students for reasons unrelated to theoretical consistency and empirical confirmation.

The Consumer Welfare Standard is severely limited or defective, preventing it from being an appropriate standard for modern antitrust.

Evidence sharply contradicts PhRMA’s contention that its member companies need unregulated drug prices to generate profits that they then reinvest in drug innovation.

Economist Cristina Caffarra, a leader in competition and antitrust, warns that ever-expanding tech giants raise concerns about the extent of their power.

Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala

Financial Times columnist and author Rana Foroohar talks about her new book Homecoming: The Path to Prosperity in a Post-Global World

Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala

How big tech barons crush innovation—and how to fight back

Corporate responsibility needs to evolve if businesses are going to rebuild trust and provide real value for society.

President Biden’s first SOTU Address was a missed opportunity to say what he knows to be true: Stock buybacks manipulate the market and leave most Americans worse off

Former health insurance executive turned whistleblower and investigative journalist Wendell Potter discusses the many ways in which the private health insurance system of the US is not serving anyone well except the insurance companies’ owners

US regulators can step in to ensure drug pricing both supports patient access and drug development

US regulators can step in to ensure drug pricing both supports patient access and drug development

The pandemic and electrification are shaking the foundations of the auto industry

The pandemic and electrification are shaking the foundations of the auto industry

Between a rock and a hard place

Between a rock and a hard place

Famed short-seller is even more concerned with political fallout from Evergrande than economic/financial woes.

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks

In Europe, imbalances in the structure of the automotive and a lack of industrial policies risk creating a deadly cocktail for millions of European workers just as the auto sector is undergoing decisive changes.

In Europe, imbalances in the structure of the automotive and a lack of industrial policies risk creating a deadly cocktail for millions of European workers just as the auto sector is undergoing decisive changes.

Stock buybacks come at the cost of technological innovation

Large-sale debt relief for indebted households could be a game changer.

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.

Does the COVID recession still have the potential to turn into a broader financial meltdown?

What are the choices we must make to ensure technology empowers, augments, rewards, and respects the majority, not the few, given its increasing defining role in future economies and societies?

How electric and self-driving cars could change the industry

How electric and self-driving cars could change the industry

What is the current situation in credit markets? Will an overhang of debt on corporate balance sheets slow down the recovery from the COVID recession and be a drag on investment going forward? Does the COVID recession still have the potential to turn into a broader financial meltdown?

Dans le cadre de cet entretien, Mr. Mossadeck Bally, C.E.O, Azalai Hotels Group et membre du GRAIN (Groupe de Réflexion, d’Actions et d’Initiatives Novatrices) revient sur les impacts économiques de la pandémie du COVID-19 sur son groupe hôtelier, le rôle du secteur privé malien dans le plan de relance économique, l’emploi des jeunes et les solutions qui doivent être apportées à la crise politique au Mali.

In this interview, Mr. Mossadeck Bally, a Malian businessman and CEO of Azalai Hotels Group and member of GRAIN (Group of Reflection, Actions and Innovative Initiatives) discusses the economic impacts of the COVID-19 pandemic on his hotel group, the role of the Malian private sector in the economic recovery plan, youth employment and the solutions that must be provided to the political crisis in Mali.

Human societies have always coevolved with technology, but how can we think of technology? Is it an external force outside our control, or do we have a say in its direction, development and deployment?

An INET organized panel under the auspices of the 2020 Trento Economic Festival

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.

Since the 1980s, the enemy of equal employment opportunity through upward socioeconomic mobility has been the pervasive and entrenched corporate-governance ideology and practice of maximizing shareholder value.

In this introduction to our project, “Fifty Years After: Black Employment in the United States Under the Equal Employment Opportunity Commission,” we outline the socioeconomic forces behind the promising rise and disastrous fall of an African American blue-collar middle class.

This paper considers the relationship between profits realized from higher insulin list prices, pharmaceutical innovation, and the financial structures of the three dominant insulin manufacturing companies, which set list prices.

The scale of firm exposure to the coronavirus is unprecedented by earlier outbreaks, spans all major economies and is pervasive across all industries

As Covid-19 spreads globally in the first quarter of 2020, this paper finds that firms’ primary concerns relate to the collapse of demand, increased uncertainty, and disruption in supply chains

William Lazonick emphasizes that keeping workers productively employed is key to economic recovery from Covid-19 as well as a healthy economic future

It’s time for business executives, employees, and taxpayers to come together to help get us out of the pandemic and create conditions for a sustainable and equitable future

New research points to critical role of public funding in drug discoveries and development for the last decade

Prof. Oliver Hart will deliver the inaugural talk on Corporate Purpose

Brexit uncertainty has already taken an economic toll

Using tools from computational linguistics, we construct new measures of the impact of Brexit on listed firms in the United States and around the world

Stock buybacks are giveaways for greedy investors at the expense of everyone else.

Pharmaceutical drugs are often a matter of life or death. It should be a prime objective of government policy to rid the industry of financialization.

To make start-ups work for everyone, we need to put power back in the hands of workers.

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

How antitrust law is ill-equipped to address tech mergers

The Chicago School has long used bankrupt assumptions to strangle antitrust policy

The Chicago School has long used bankrupt assumptions to strangle antitrust policy.

The idea that businesses are run to maximize profits for shareholders is just plain wrong, says William Lazonick

One of America’s leading socialists discusses how a collectively owned economy would be structured, the limits of the welfare state, and what Keynes understood that Marx didn’t

The Chicago School’s weakening of antitrust law hurt the economy

This paper presents an historical analysis of the antitrust laws.

US counties with prison labor often have lower wage and employment growth

Author Samuel Stein talks about how capitalism shapes housing and what economists have in common with city planners

We need to ban stock buybacks, while building a movement for basic economic rights

The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.

Are regulatory interventions delayed reactions to market failures or can regulators proactively pre-empt corporate misbehavior?

Adair Turner discusses his new book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance.

Bill Mitchell presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.

Our welfare depends not only on our actual consumption, but also on alternate choices wedid not make.

The fall of 2008 was scary. For most people, the aftermath of Lehman Brothers’ bankruptcy resembled a major earthquake with strong aftershocks. Official narratives have promoted the image of the crisis as a rare, unpreventable and unforeseen natural disaster, the “100-year flood.” Policymakers emphasize the extraordinary measures they have taken to prevent the system from collapsing and to support recovery since.

“You are now leaving the world as you know it.”