The Return of Vulture Capitalism

In 1913 the great American lawyer Louis Brandeis railed against “The Curse of Bigness” in Harper’s Weekly, documenting the troubling concentration of economic power among the new tycoons and trusts of the industrial age, from railroads to steel to oil. By establishing monopolies, he argued, these private actors could dictate prices and shape the terms […]

Why Are Men Dropping Out of Work?

America’s working man has taken a pounding over the course of the past half-century. According to the most recent data available, 15 percent of men in their prime working years (between 25 and 54) had no job—5 percent were unemployed and 10 percent were neither working nor looking for work. Fifty years earlier, in the […]