From the Cover
Peter Navarro’s Conversion
The professor has changed and wobbled, but his current protectionist arguments are embraced by the White House and segments of the public.
The Land of Many Opportunity Costs
Constituent-group politics continue to dampen the public benefit from the federal estate.
Be a Shame If Anything Happened to Your Merger…
“Regulatory leveraging” can be a useful tool or it can be an abuse of power
Calm Down about Common Ownership
The evidence of anticompetitive harm from institutional investing is weak and the proposed policy solutions would be more harmful than the supposed problem.
Features
The Regressive Effects of Child-Care Regulations
More strenuous requirements raise child-care prices but have little apparent effect on quality.
Corporate Governance Oversight and Proxy Advisory Firms
Do proxy advisors have too much power?