Business & Industry
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Rebooting Antitrust’s Normative Economic Theory
Dec 16, 2024
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.
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Working Paper
Antitrust’s Normative Economic Theory Needs a Reboot
Dec 2024
Welfare economists and moral philosophers have shown that the Consumer Welfare Standard is biased in favor of wealthy individuals and corporations—the very powers the antitrust law is supposed to regulate.
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Protecting the Consumer: A Conference at the University of Utah with CFPB Director Rohit Chopra
Dec 9, 2024
The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.
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Time to Stop Rolling Dice: Why Bigger is Better in Climate Investments
Nov 18, 2024
Earlier investments make large-scale emission reductions easier to do over time because their unit costs drop
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Neural Network Effects: Scaling and Market Structure in Artificial Intelligence
Oct 21, 2024
As artificial intelligence reshapes our economy, policymakers must act swiftly to prevent a winner-take-all scenario in the rapidly evolving market for AI foundation models.
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Working Paper
Concentrating Intelligence: Scaling and Market Structure in Artificial Intelligence
Oct 2024
The decisions we make now about the governance of AI will have profound implications for the future of our economy and society.
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What Is a “Fair” Drug Price?
Sep 22, 2024
Medicare Needs a Perspective on “Collective and Cumulative Learning” in Inflation Reduction Act Negotiations
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Elon Musk and Tesla Shape America’s Future. But Problems Run Deeper Than Tweets.
Sep 19, 2024
The financialization of U.S. firms making critical products endangers both American global leadership and, in Tesla’s case, climate change progress.
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Musk and Tesla: Corporate Compensation, Financialization, and the Problem of Strategic Control
Sep 13, 2024
From the perspective of innovative enterprise, we ask how Musk might abuse his power of strategic control—and what that would mean for corporate governance reform.
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Working Paper
Tesla as a Global Competitor: Strategic Control in the EV Transition
Sep 2024
As the “Technoking” of Tesla strategizes to maintain his control over the company’s decision-making, anyone concerned with the role that Tesla will play in the evolving EV transition should be asking how CEO Musk might use, or abuse, his powerful position.
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The “Fortune 500” of 1812
Aug 27, 2024
By 1812 the U.S. already had more business corporations than any other country and possibly more than all other countries combined.
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Working Paper
Scale and Scope in Early American Business History: The “Fortune 500” of 1812
Aug 2024
By 1812 the U.S. already had more business corporations than any other country, and possibly more than all other countries put together, securing its role as the world’s first “corporation nation.”
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Forget the Posturing – The Inflation Reduction Act May Work Better Than Many Expected
Aug 16, 2024
The IRA has the potential to rectify the imbalance between public benefit and private incentives
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America Needs Intel Economically and Politically—But Is It Too Late?
Aug 12, 2024
Patrick Gelsinger stepped down as INTEL’s CEO on December 1. We published an analysis last August that provides context for why this is significant for the company and the US economy.
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CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
Jul 30, 2024
Cybersecurity expert Muayyad Al-Chalabi assesses CrowdStrike’s update failure and its broader implications for cybersecurity in a discussion with Lynn Parramore.