Capitalism
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Don’t Let Washington Pick the Next Apple
BlackBerry’s collapse shows why consumers, not Washington, should decide which AI company wins the next technological revolution.
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Can Antitrust Regulators Learn to Trust Consumers?
Antitrust enforcement should preserve competition and respect consumer choice, not restrict both in pursuit of vague political goals.
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The Corporate Virtue Trap
Businesses are increasingly judged by ethical scorecards. But when virtue becomes a target, firms learn to optimize the metric — crowding out what actually matters.
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Germany’s Auto Giant Is Losing the Race
German industrial icon Volkswagen has watched global rivals outpace it. EU mandates increasingly require automakers to prioritize bureaucrats targets over consumers.
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What’s Worse — Authoritarian Capitalism or Democratic Socialism?
Dictatorship is always a tragedy. But history suggests that a tyrant who allows markets does far less damage than one who abolishes them.
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The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
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Who Gets Rich from Innovation? Evidence from Broadband Expansion on the Colville Reservation
The biggest winners from new technologies are usually the people who use them, not the people who invent them.
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‘Pink’ Prices Aren’t Prejudice
Similar consumer products can command different prices. Critics call the pattern a “pink tax,” but it’s neither arbitrarily imposed nor impossible to avoid.
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Upward Mobility Is a Better Measure of Justice Than Income Equality
If your wealthy boss earns less, will you earn more? France’s compressed salary scale shows more ‘equal’ pay clusters at levels that could keep you both poorer.
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Why Fascists Admired Keynes’s Economics
Keynes saw centralized economic direction as an improvement on market coordination. This provided cover to later corporatist authoritarians who wanted to control every aspect of life.
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•
Don’t Let Washington Pick the Next Apple
BlackBerry’s collapse shows why consumers, not Washington, should decide which AI company wins the next technological revolution.
-
•
Can Antitrust Regulators Learn to Trust Consumers?
Antitrust enforcement should preserve competition and respect consumer choice, not restrict both in pursuit of vague political goals.
-
•
The Corporate Virtue Trap
Businesses are increasingly judged by ethical scorecards. But when virtue becomes a target, firms learn to optimize the metric — crowding out what actually matters.
-
•
Germany’s Auto Giant Is Losing the Race
German industrial icon Volkswagen has watched global rivals outpace it. EU mandates increasingly require automakers to prioritize bureaucrats targets over consumers.
-
•
What’s Worse — Authoritarian Capitalism or Democratic Socialism?
Dictatorship is always a tragedy. But history suggests that a tyrant who allows markets does far less damage than one who abolishes them.
-
•
The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
-
•
Who Gets Rich from Innovation? Evidence from Broadband Expansion on the Colville Reservation
The biggest winners from new technologies are usually the people who use them, not the people who invent them.
-
•
‘Pink’ Prices Aren’t Prejudice
Similar consumer products can command different prices. Critics call the pattern a “pink tax,” but it’s neither arbitrarily imposed nor impossible to avoid.
-
•
Upward Mobility Is a Better Measure of Justice Than Income Equality
If your wealthy boss earns less, will you earn more? France’s compressed salary scale shows more ‘equal’ pay clusters at levels that could keep you both poorer.
-
•
Why Fascists Admired Keynes’s Economics
Keynes saw centralized economic direction as an improvement on market coordination. This provided cover to later corporatist authoritarians who wanted to control every aspect of life.