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Today I want to explain a hidden yet very serious hurdle to governance in America, a place where corporate-friendly technocrats have burrowed in to policymaking to prevent elected leaders from improving our lives. It’s about something called the Congressional Budget Office, or CBO, an institution with an anodyne-sounding name that ostensibly scores legislative proposals based...

Lots of monopoly news, as usual. Paramount had another setback in its merger plans, there was some comical villainy involving Mark Zuckerberg’s yacht, and the state of New Jersey just filed a ground-breaking monopoly lawsuit against Amazon over driver wages.

Before getting to the full round-up, I want to discuss some events this week in the courts that demonstrate the ...

There is a rebellion afoot in America. Last night, there was a Senate primary election in Michigan, and while there are frequent elections these days to choose candidates for political parties, this race was generally understood by political insiders as the most important contest in terms of setting the economic and political direction of the Democratic Party. And the anti-mo...

Lots of monopoly news, as usual. There was drama in the Paramount-Warner merger, record and unexpectedly high corporate profits are contrasting with sour consumers, and the most important Senate primary around monopoly questions takes place on Tuesday.

But before getting to the full round-up, I want to start by discussing some market-rigging that took place around AI th...

Today, I want to discuss the most successful government owned enterprise in, well, perhaps ever, but certainly in the last 50 years. It is so important and vital that multiple trillion dollar companies built their businesses on top of it, and everything from agriculture to social media to financial markets rely on it. It’s called the Global Positioning System, and it’s a netw...