Power prefers permanence. Unregulated markets tend toward concentration as the successful try and entrench themselves by pulling up behind them the ladder of competition that they themselves climbed.

Why do our neighbors matter when we can reach people across the world? This compelling question opens the highly anticipated new book from Raghuram Rajan, a longtime finance professor at the University of Chicago Booth School of Business and former head of India’s Central Bank.

Hoover Institution fellow Martin Feldstein discusses his work in Washington with President Reagan, the importance of introductory economics courses, and his time as an undergraduate at Harvard University.

In a new AEI report, Charles Blahous – a former public trustee for Social Security and Medicare, and a former deputy director of the National Economic Council – analyzes the likely impact of Medicare for All. A proposed bill introduced by Sen. Bernie Sanders, Medicare for All, would be a single payer, national health insurance program that would cover all Americans. While many of the announced 2020 Democratic Party contenders have embraced this policy change, few Americans are informed about the potential costs and consequences associated with it.