Can We Trust Monopolies to Play Fair?

Current debates on Big Tech and antitrust law lack a clear definition of “competition”

----- For the anti-monopoly movement, the past three months have been exciting but sobering. In late July, the House Antitrust Subcommittee held a landmark hearing at which members of Congress forced the CEOs of Amazon, Apple, Facebook, and Google to admit to business practices they would rather have stayed private. Amazon ...
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Can We Trust Monopolies to Play Fair?

I, Face Mask

A reconsideration of the classic essay, “I, Pencil”

“I, Pencil” uses a genealogy of an ordinary lead pencil to explain that nobody knows how to make one. It is, rather, the genius of the market system that coordinates the efforts of people around the world to manufacture the final product. They include loggers in Northern California, graphite miners ...
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I, Face Mask

Segregation Academies, the Death of an American Missionary, and Victoria’s Secret

Past Present Episode 156

In this episode, Neil, Natalia, and Niki discuss segregation academies, the death of an American missionary, and the declining market share of lingerie giant Victoria’s Secret. Here are some links and references mentioned during this week’s show:  Mississippi Republican Cindy Hyde-Smith, who is in a runoff contest to hold on ...
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Segregation Academies, the Death of an American Missionary, and Victoria’s Secret