How capitalism actually works — explained plainly. No ideology. No cheerleading. No moralizing.
Private equity's growing share of nursing homes, hospital systems, physician practices, and single-family rentals is the most consequential structural change i…
Tether and USDC together hold over $200 billion in claimed reserves. The 2023 USDC depeg episode, the 2022 Terra-Luna collapse, and the ongoing FTX-aftermath e…
Silicon Valley Bank's March 2023 failure was the second-largest US bank failure in history. Signature Bank and First Republic followed. The common pattern — de…
The IEA's 2021 Net Zero by 2050 scenario implied 'no new oil and gas fields beyond those already approved.' Kingsmill Bond's RMI work and Carbon Tracker analys…
Jason Bordoff's Columbia SIPA work frames the climate transition's distributional problem: the communities that built and powered the industrial economy bear t…
The EU's Carbon Border Adjustment Mechanism entered transitional reporting in October 2023 and begins charging fees in 2026. The mechanism prices imported stee…
The Obama-era Interagency Working Group set the federal social cost of carbon at $51 per ton (2020 dollars). The EPA's 2023 revision, drawing on Resources For …
John Haltiwanger's University of Maryland work documents that US firm formation rates per capita have declined consistently from 1980 to 2020. Jorge Guzman and…
UnitedHealth Group's acquisition of Change Healthcare in 2022 vertically integrated the largest US health insurer with the largest medical-payments clearinghou…
Jenny Schuetz's *Fixer-Upper* and Conor Dougherty's *Golden Gates* frame the same question from different angles: why does the US underproduce housing despite …
Einer Elhauge's Harvard Law work and Jose Azar's empirical research established that the same institutional investors — Vanguard, BlackRock, State Street — hol…
Lina Khan's 95-page 2017 Yale Law Journal note is the most-cited recent antitrust scholarship. The argument is more specific than its critics and defenders typ…