If the only way for airlines to survive is to constantly merge or get bailed out by the government, then it’s time to admit that the industry is more like a public utility than a competitive market.
Economy
Reporting and analysis on the American economy and economic policy: how markets, monopolies, and public policy shape jobs, wages, and opportunity. Includes our long-running coverage of antitrust and corporate power in The Monopolized Economy.
Posted inEconomy
How to Fix Childcare for Families and Workers
Washington is finally demanding that colleges answer for what their graduates earn. In early childhood education, the low wages aren’t the college’s fault—but the pressure may finally land in the right place anyway.
Posted inPolitics
How to Save Independent Journalism from AI
A report from our new think tank, The Washington Monthly Institute.
Posted inIn Memoriam
Ted Turner’s Beef With Big Media
The late founder of CNN on how government protects big media—and shuts out upstarts like him.
Posted inPodcast
Get Ready for the AI Crash
Overinvestment and risky financial engineering have made an AI crash more likely, says Vanderbilt’s Asad Ramzanali. Congress should take steps now to soften the blow.
Posted inMagazine
How Amazon’s AI Algorithms Raise the Prices You Pay
Online price swings look like fierce competition. In reality, they’re part of an invisible strategy that steers the entire market upward.
Posted inEconomy
Employers Are Moving Beyond Educational Pedigree. It’s Time We All Do
Young people like my son can thrive if we acknowledge that four-year college degrees aren’t for everyone.
Posted inEconomy
Making Apprenticeships Part of Civic Infrastructure
The erosion of early work experience is widening inequality. A modern apprenticeship system could rebuild the first rung of the career ladder.
Posted inEconomy
Geothermal: Clean Energy for People Who Like to Drill
With AI creating insatiable demand for electricity, an old but clean source is getting a second look thanks to favorable politics and new extraction technology. It’s Landman for environmentalists.
Posted inThe Monopolized Economy
Another War, Another Excuse for Profiteering
Every energy crisis is a windfall for oil refiners—and consumers pay the price.
