It doesn’t require a lot of digging to wonder whether the laissez-faire, free market mantra of the past several decades has worked out as promised: Stock prices and corporate profits have far outpaced wage growth in the United States; lax antitrust enforcement has set the path toward enormous amounts of corporate concentration, often to the […]

At a time when corporate profits are sky-high, workers’ wages remain flat, and affordability crises run rampant, many are beginning to understand that the neoliberal ideal has not only failed to deliver shared prosperity but has harmed the collective good and driven us to a second Gilded Age. For four decades, neoliberals have argued that […]

With the full participation and consent of Congress, President Trump has embarked upon a radical project to freeze and roll back federal regulations that protect public health, safety, the environment, and the economy. The principal justification for this project, publicly announced by both Congress and President Trump, is the claim that regulations are costing the […]

It is difficult to consider the state of the world in 2018 and not feel a sense of vertigo. Humanity has greater capacity for production than it has ever had before, and simultaneously, the ability to destroy the world many times over. The products we rely on—whether for food, fuel, communication—are woven together in supply […]

In the heated year of 1968, the Chicago economist and Nobel Prize winner George J. Stigler jotted down some thoughts on how to introduce the “price system” into the process of democracy. Stigler had been one of Milton Friedman’s closest friends and part of his neoliberal “thought collective” since its inception. Both men participated in […]