Senator Warren’s Speech on Monopoly

Yesterday, straight off her high-profile campaign appearance Monday with Hillary Clinton, Sen. Elizabeth Warren gave a keynote address about industry consolidation in the American economy at a conference at the Capitol put on by New America’s Open Markets program. Though the speech has so far gotten only a modicum of attention—the press being more interested in litigating Donald Trump’s Pocahontas taunts—it has the potential to change the course of the presidential contest. Her speech begins at minute 56:45 Read More …

Is American Agriculture on the Soviet Road?

At first reading, this appears to be a meaningless question. The Soviet Union disappeared two decades ago and with it went its collective farms. But economic systems can be alike regardless of the ideologies used to justify them. The current trends in global agriculture (America included) are leading to a system very similar to the Soviet model. Thus an analysis of how the system worked (or failed to) is relevant to our future. Before the 1917 revolution agriculture Read More …