Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy (tags)
When mergers increase market concentration, we know that competition has been harmed even if to a small extent. Since this is the case, it makes sense to ask the merging parties to establish that the merger will provide benefits to the economy.
Neoliberalism Blames Individuals for Inequality (tags)
In neoliberal theories, social justice is not a meaningful category and social inequality is a necessary result of market processes. Performance justice is a necessary illusion. Responsibility for poverty and misery is often shifted to individuals with the worst genes.
Liberating the Economy from Prejudices (tags)
Economics is not an immutable unchangeable fate but a human system where changing rules changes outcomes. James Galbraith and Joseph Stiglitz are two well-known economists who question the myths of conventional economics, the self-healing, efficient and deregulated market