The attempt to reduce the role of the state in the market through tax cuts, decreases in social spending, deregulation, and privatization—“neoliberalism”�
American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of ear
Drawing on his extensive knowledge of history, law, and economics, Richard Epstein examines how best to regulate the interface between market choice and governm
A new politics emerged in the 1970s in response to the world recession, the exhaustion of Fordism (the theory, traced to Henry Ford, that well-paid industrial w