How capitalism actually works — explained plainly. No ideology. No cheerleading. No moralizing.
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…
US airline industry concentration produces visible consumer harm — bag fees, change fees, route monopolies. Grocery concentration looks similar on HHI metrics …
Dani Rodrik's *Straight Talk on Trade* argued long before 2022 that industrial policy was inevitable for advanced economies facing climate and supply-chain pre…
Just-in-time manufacturing was a productivity miracle from the 1990s through 2019. The 2020-2022 pandemic, the 2021 Ever Given grounding, and the 2023-2024 Red…
George Stigler's 1971 'theory of economic regulation' argued that regulated industries acquire regulators rather than the other way around. The empirical recor…
Joseph Schumpeter's most lasting contribution to economics was noticing that capitalism's engine runs on destruction. New firms and technologies don't just add…