Economists have concocted a variety of explanations for five recent phenomena in the U.S. economy that don’t match the “facts” that economists supposedly agree on. Now a Brown University economist and ...

Built on Inheritance, Not Merit The world is moving from the era of the billionaire to the age of the trillionaire, and the ...

The Federal Trade Commission and 17 state attorneys general filed suit against Amazon on Tuesday, alleging that the Seattle-based tech giant is a monopoly that abuses its power. The complaint alleges ...

Vol. 24, No. 3, General Equilibrium, Incomplete Markets and Sunspots: A Symposium in Honor of David Cass (Oct., 2004), pp. 503-530 (28 pages) Recent anti-trust cases exacerbated the concerns of ...

"This victory against Google is an historic win for the American people." So declared U.S. Attorney General Merrick Garland in response to District Judge Amit Mehta's August 5, 2024, ruling in United ...

What constitutes a monopoly? There [was] only one real comic book distributor in the United States, Diamond Comic Distributors. At one time there was some investigation by the Justice Department about ...

Tesla has developed a mini-monopoly in the auto industry. Tesla is the first new auto brand to appear in decades, and as it has survived it's come to dominate the market for luxury all-electric cars.

The power of tech giants (and giants in industries from air travel to beer) are starting to have damaging effects on the environment–and our democracy. There are many reasons for these trends, of ...

Sources: CEA, The Economist, author’s calculations. (Tracy Loeffelholz Dunn) By signing up, you confirm that you are over the age of 16 and agree to receive ...

Google’s own “Bard” AI chatbot says the US Justice Department has a winning case in the landmark antitrust trial against the search giant – and blasted the company for wielding illegal “monopoly power ...

Sign up for our Wine Club today. Did you know you can support The Nation by drinking wine? In 2009, Leinani Deslandes got an entry-level job at a McDonald’s ...