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Stronger patents can lead to more innovation by creating an incentive for research and development. They also can be used protectively, creating long-lasting monopolies. At the Institute, we’re asking to what extent the law should safeguard patents, and where patent law hurts economic progress.

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  1. Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media

    By Pia Malaney

    Mar 9, 2023

    The contrasting ideologies at play in this tech sector mirror the conflicting ideologies in economics

  2. Why Economists Should Support Populist Antitrust Goals

    By Mark Glick, Gabriel Lozada, and Darren Bush

    Dec 13, 2022

    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.

  3. Working Paper

    Why Economists Should Support Populist Antitrust Goals

    By Mark Glick, Gabriel Lozada, and Darren Bush

    Dec 2022

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

  4. Top Antitrust Expert: We Need a New Approach to Giant Tech Firms Like Google

    By Lynn Parramore

    Nov 28, 2022

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

  5. The Economic Case for Neo-Brandeisian Antitrust Goals

    By Mark Glick

    Mar 30, 2022

    The Consumer Welfare Standard of antitrust is outdated and defective

  6. Working Paper Series

    An Economic Defense of Multiple Antitrust Goals: Reversing Income Inequality and Promoting Political Democracy

    By Mark Glick

    Mar 2022

    The Consumer Welfare Standard of antitrust is outdated and defective

  7. The Erroneous Foundations of Law and Economics

    By Mark Glick and Gabriel Lozada

    Feb 25, 2021

    Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”

  8. Working Paper Series

    The Erroneous Foundations of Law and Economics

    By Mark Glick and Gabriel Lozada

    Feb 2021

    Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”

  9. Working Paper

    Never Together: Black and White People in the Postwar Economic Era

    By Peter Temin

    Jul 2020

    Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.

  10. Labor, Technology and Growth

    Towards A Gini Negative Solution

    Conference

    Feb 27–28, 2020

    What will empower a worker to be able to make greater demands on a profitable economy or employer? The answer may be summed up in one word: leverage.

  11. The Vikasarth Conversations

    Discussion

    Jan 16, 2020

    Prof. Oliver Hart and Justice A. K. Jayasankaran Nambiar in conversation

  12. Samvaad Lecture: A New Approach to Contracts

    Discussion

    Jan 14, 2020

    Prof. Oliver Hart delivers the opening lecture of INET and ITT Bombay’s Samvaad lecture.

  13. Facebook, Acquisitions, and Potential Competition

    By Mark Glick and Catherine Ruetschlin

    Oct 21, 2019

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

  14. Coding Private Money

    By Katharina Pistor

    Jun 3, 2019

    The state has long used law to back private money—with dire consequences, then and now

  15. Antitrust in American History: Law, Institutions, and Economic Performance

    By Mark Glick

    May 2, 2019

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