American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient...

"There is a puzzling disconnect between rising income inequality and public opinion in the United States. One might think-and many politicians argue-- that as inequality increases the public on the losing side of the inequality divide would demand more redistributive action from government. But...

Paradoxes, anomalies and hypotheses -- Union density in a cross-national context -- The evolution of trade unions in the United States and Canada: the emergence of "the gap" in union density -- Social democratic Canada/free market United States -- Attitudes and values: an inverted relationship...