To this author, it is remarkable how many economists defend high levels of income inequality. He argues to the contrary, that inequality not only breeds corruption and poor business practices, it is on balance detrimental to economic growth. His new book covers a lot of ground, but he has boiled...

It has long been convenient to think of markets as operating in continuous and uninterrupted ways as they find their way to economic efficiency. But this economist is interested in the real-world irregularities that can disrupt markets and, at times, whole economies. Can there simply be too much...

In this fascinating historical study, the author shows how the battle for patents and copyrights often undermined progress. In recent decades, intellectual property rights have been strengthened further. He admits that he has no fixed solution, but he argues the march toward such stronger...

Aside from discussion in microeconomics of monopolies, economics textbook rarely mention power. Does it simply not exist? If it is discussed at all, it is always said to be a function of asymmetric information. This economist argues that economists have to explore power much more profoundly and...