Increased swipe fees got shopkeepers mobilized, and could further an anti-monopoly revolution.
financial industry
Posted inEconomic Policy
Keeping Crypto From Corrupting the Regulators
Financial scams thrive on weak regulation. Biden’s regulators are fighting back.
Posted inEconomic Policy
Private Equity’s Newest Play
Insurance companies are the latest morsel for these financial predators to devour.
Posted inEconomic Policy
The Working-Class Roots of ‘Woke Capital’
Workers provide the bulk of the money invested by asset managers, but do not have control over those investments.
Posted inEnergy and the Environment
Wall Street’s Big Bet on Rewiring America
Ithaca has put its Green New Deal in the hands of a green private equity fund, a private foundation, and a Goldman Sachs–backed software company.
Posted inEconomic Policy
The Smart Bipartisan Plan to Shore Up Social Security
Bill Cassidy and Angus King propose an American social wealth fund.
Posted inEconomic Policy
How the Federal Reserve Protects the Top One Percent
Our central bank operates by and for the financial elite.
Posted inMoney, Politics, and Power
How Nevada Picks Millions From California’s Pocket
A lawsuit against members of the wealthy Getty family exposes the intricacies of state trust law.
Posted inEconomic Policy
Regulators Prevented a Crypto-Fueled Economic Downturn
As Congress discusses crypto regulation, it’s important to note that the most important regulation has already been done.
