Laws

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

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

“Facebook is undermining our country, our democracy.”

Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.

Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare

In recent decades, market values have crowded out non- market norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, we have drifted from having a market economy to being a market society. Is this where we want to be?

Along the entire “innovation chain” — from research and development, to production and commercialization — government and private sectors have very different roles to play.

In an Al Jazeera documentary “In Search of the Great American Job”, Institute scholar William Lazonick offers some arch insights into the relationship between financialization — particularly the “shareholder value” ideology in corporations, which drives the transfer of profits to shareholders through stock buybacks — and job creation and inequality.

Bill Janeway explains why “efficiency is the enemy of innovation,” and how venture capitalists and the state advance technological change

The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense

A look at America’s strange and dangerous approach to medicine, and how to fix it

Institute scholar Arjun Jayadev argues that while TPP is dead, its damaging legacy on intellectual property rights is likely to shape future bilateral trade agreements

Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them

Offshoring manufacturing may have hurt many working people in America, but professionals and intellectual property have been robustly protected