Judge Amy Berman Jackson has clarified that Vought would violate her injunction against shuttering the consumer protection agency if he declines to seek funding for it.
Economic Policy
Posted inEconomic Policy
When in Doubt, Pretend to Be Lina Khan
The Trump administration’s plans to lower prices are just Biden-era retreads. Unfortunately, they’re just plans, with no expected follow-through.
Posted inEconomic Policy
A Happy 2025 By-Product: Revulsion at the Rich
With Trump, Musk, Bezos et al. running amok, progressive economic populism is on the rise. Polling shows a broad public turn toward policy that seeks to reverse the upward redistribution of income and wealth to our billionaires and make life’s necessities affordable.
Posted inEconomic Policy
Pick Your Financial Crash
What are the risks of a financial crash in the coming year? Let us count the ways.
Posted inEconomic Policy
Meet the Connectors
Middlemen, our economy’s most shadowy characters, sit in between buyers and sellers and get rich in the process. It can even be a matter of life or death.
Posted inEconomic Policy
Trapped at the Concession Stand
Captive pricing follows when customers have no choices. Policymakers can do something about it.
Posted inEconomic Policy
How the AI Bubble Might Play Out
Investment in new technology always needs startup financing, and if AI is truly God in the machine, wide adoption will pay off over time. But that isn’t materializing, at least not yet.
Posted inEconomic Policy
Prices in the Machine
AI’s real contribution to humanity could be maximizing corporate profit by preying on personal data to raise prices. In fact, it’s already happening.
Posted inEconomic Policy
Sources of America’s Hidden Inflation
How market power jacks up prices, and how Trump’s policies add to the pressure