‘America Has a Monopoly Problem’: Coalition Backs Legislation to Break Up Big Tech
Anti-monopoly interests have proposed a series of bills to give regulators more power, particularly with respect to tech.
Read more...Category Archives: Market inefficiencies
Behold the Watered Stock’s New Variant!
Back to the future! Welcome to the successor to a 19th century favorite, watered stock.
Read more...Why Elon Musk Isn’t Superman
Why Elon Musk, despite having built significant operating companies, is still mainly in the bezzle business.
Read more...US History Shows Spending on Infrastructure Doesn’t Always End Well
Despite promoters’ claims, infrastructure projects often aren’t great public successes.
Read more...The Moral Hazard of Limited Liability
Some concrete ideas for how to pin the tail of the limited liability donkey back on key insiders, and make regulators accountable.
Read more...Wolf Richter: After Slashing 33% of Workers in 6 Years, Railroads Complain about Labor Shortages, amid Uproar over Slow Shipments
Railroads are finding it difficult to hire workers and their labor shortfall has prevented them from meeting transportation demand
Read more...How Intel Financialized and Lost Leadership in Semiconductor Fabrication
Intel is the poster child of how stock buybacks come at the cost of technological innovation.
Read more...Quick Comment on the Dismissal of Antitrust Suits Against Facebook
Facebook looks to have done well in having two high profile antitrust suits dismissed. But they should keep the campagne on ice.
Read more...Mark Blyth – An Inflated Fear of Inflation?
Mark Blyth explains why inflation in the U.S., Canada, & E.U. is highly unlikely: a room for more government spending and higher wages.
Read more...The Voice of Monetary Policy
A positive voice tone can lead to higher share prices and decreases in volatility, highlighting the importance of voice control for central bank communication.
Read more...What is the Bullshit Economy?
Establishing some first principles of the bullshit economy.
Read more...Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy.
History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy.
Read more...Scoring the $1.9 Trillion Stimulus Plan and Earlier Covid Relief Programs
How to do a better job of getting relief to those who need it.
Read more...Why the U.S. Manufacturing Renaissance Is Essential for U.S. Survival
Maintaining and reviving manufacturing capacity in key insutries is vital to preserving jobs and ensuring U.S. survival.
Read more...Why Behavioral Economics Needs Behavioral Biology: Avoiding Arms Races
Are behavioral economists really nudging people in the right direction?
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