Tag Archives: Matt Stoller

A World Turned Upside Down

  When the British surrendered at Yorktown at the close of the Revolutionary War their commander, General Cornwallis, was so distraught that he feigned illness and instead had his subordinate proffer his sword to General Washington. The tenor of the … Continue reading

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The language of control

  In a recent interview Matt Stoller confirmed something that I long suspected. Stoller, the author of Goliath: The 100 Year war between Monopoly Power and Democracy, describes economics as the language of the aristocracy, or oligarchy, if you will. He … Continue reading

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Market Failure

  I never though I would feel nostalgic for the Cold War but in retrospect it’s apparent that the contest between the two superpowers over which system delivered more comfort, freedom, and happiness to its citizens was a golden era. … Continue reading

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The Colossus

  Amazon has become the most powerful economic actor, a veritable colossus astride our Republic. The recent reports about the ubiquitous online merchant’s search for a new headquarters only reinforce this perception. After a long process, Amazon finally announced that it … Continue reading

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Ten Years After

  Ten years ago the US stock market tanked, and for the next several weeks financial markets were a cluster-fuck of panic and chaos. Americans were frightened of what was happening in the economy. The real estate market had collapsed. Venerable Wall … Continue reading

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Concentrated

  Amazon’s takeover of Whole Foods has raised alarms about economic concentration. No corporation epitomizes monopoly better than Amazon, who’s business model is predicated on losing money with their super-low prices in order to capture market share. Their dominant position then … Continue reading

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A Tale of Two Countries

  “It was the best of times, it was the worst of times…” When Charles Dickens wrote the opening lines of A Tale of Two Cities it was in reference to London and Paris during the French Revolution, but his epochal depiction … Continue reading

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