Laws

Silicon Valley promises abundance, but corporate America is built for extraction. The underlying operating system is stuck on making big shareholders rich the expense of everyone else. It’s time for a reboot. *From the “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work. (Read Part 1 of this article here).

AI is powered by more than algorithms – underneath is a flawed, decades-old corporate operating system that redirects gains away from workers. The good news: It doesn’t have to be this way. Part of “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work.

The Institute for New Economic Thinking (INET), New York, and the INET Young Scholars Initiative (YSI) are pleased to partner with the National Law School of India University (NLSIU), Bengaluru, in organising the 6th India Public Policy Network Conference (IPPN), to be held from 8-11 June 2026 at NLSIU, Bengaluru, India.

Should antitrust law focus primarily on measurable performance outcomes such as price and output as indicated by Robert Bork’s Consumer Welfare Standard? Or is it more important to concentrate on whether conduct undermines the competitive process itself as per the newly revitalized Protect Competition Standard?

What should courts prioritize in determining antitrust cases: measurable welfare effects, or the protection of competitive rivalry itself? The Consumer Welfare Standard and the Protect Competition Standard offer different answers.

LEPC VII will bring together leading thinkers, practitioners, and policymakers to analyze the drivers behind this sub national success, and to chart actionable pathways for the future. Each session outlined explores a foundational dimension of India’s growth story, with attention to both policy diagnosis and on-the-ground innovation.

International Conference on Digitalisation, Market and Society is a cross-disciplinary plenary on how digital transformation is altering work, gender norms, and social institutions—and how society can respond inclusively.

The new $100,000 H-1B fee tacitly acknowledges what early policy architects signaled: expanding temporary tech visas can depress domestic wages. By bringing the fully loaded cost of a new H1B hire closer to what the local market would require to recruit and retain comparable talent, it narrows the wedge between visa-enabled staffing and hiring Americans at market rates.

Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.

Welfare economists and moral philosophers have shown that the Consumer Welfare Standard is biased in favor of wealthy individuals and corporations—the very powers the antitrust law is supposed to regulate.

Who owns knowledge?

Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures.

Current tests for mergers are in practice deeply flawed.

Antitrust econometrics relies on often-implausible assumptions

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