Wall Street has always faced pressure for change after its misdeeds bring the financial system and the broader economy to the precipice—or over it. But our success in securing durable change has ...
The utility companies’ ploys to avoid regulation and thwart public power turn out to be as old as the industry itself.
She writes far less about the political influence of the equality haters than about their ability to gain headlines and write ...
Senior Fellow at the American Economic Liberties Project and former chairman of the Connecticut Public Utilities Regulatory Authority.
While some notable economists have challenged this hypothesis or pointed to a lack of hard evidence of AI-induced job loss so ...
In his first State of the Union speech, delivered in March 2022, President Joe Biden summed up his approach to the economy: “Build the economy from the bottom up and the middle out, not the top down.” ...
Imagine a world where the information environment is a thriving hub of diverse ideas, where information flows freely but responsibly, and where digital platforms prioritize the public good, not just ...
Financial markets have had one of the most tumultuous winters in more than a decade. Last November, we witnessed the collapse of FTX, once seen as the model for relatively safe crypto businesses.
The West is living through an economic and social crisis so unprecedented in its tempo, so complex in its effects…the contemporary crisis is more radical than the Great Depression of the thirties or ...
Contracts are unavoidable. From signing up for an online account, joining a new company for employment, signing a rental agreement, or even parking a car in a public garage—contracts are ubiquitous.
In 1948, Truman political advisor Clark Clifford noted that the glue holding the unruly Democratic Party coalition together was a populist fear of big finance. “Today,” he wrote, “the South can agree ...
The Tyranny of Merit: What’s Become of the Common Good by Michael J. Sandel• Farrar, Straus and Giroux • 2020 • 288 pages • $28 Understanding how Donald Trump came to be elected President in 2016 and ...