The statistics covered in The Herald’s Wednesday editorial on U.S. income inequality are important, but not new. (“Fat times for the fattest cats.“) As the nation’s wealth increasingly accumulates at ...

How does one reconcile a belief in the power of economic dynamism — that it takes “maximum competitive intensity” in business to really drive growth and innovation — with a deep skepticism that what ...

Capitalism’s growing problems (inequalities, instabilities, unsustainability etc.) lead some defenders to argue that the cause is monopoly displacing competition in many industries. We disagree: ...

The paper deals with the micro-economics of interface manipulation, i.e. the design of the interface between two products to enhance the profits accruing to the firm controlling the design. Taking ...

Defense and aerospace giant Raytheon announced plans last week to merge with rival defense and aerospace giant United Technologies, creating a huge corporation, albeit a bit smaller than Boeing, and ...

The business headlines don’t suggest much is wrong with the US economy. The economic expansion is in its tenth year, incomes are up, economic growth has accelerated, and the jobs keep coming in big ...

Over the years, Hasbro has done its best to cover up Monopoly’s roots as a liberal object lesson, electing instead to morph it into a series of uncritical celebrations of various aspects of the ...

Truth in the old adage that politics makes strange bedfellows is demonstrated from time to time. This is a sign of a healthy democracy. That is especially true now in our nation after a ...

Anyone who has played Monopoly knows the emotional rollercoaster it brings. You start with a small stack of cash and a plan ...