Issues

Entrepreneurship & Independent Business

Entrepreneurship is essential to economic progress and to upward mobility. But market concentration in the services, retailing, and light manufacturing industries has removed the incentive for small business owners to innovate, compete, and invest in research and development.


explainer

Regional Inequality & Monopoly

Date Published: June 1, 2017

Americans today witness many forms of inequality: the wealth of the “one percent,” the gender pay gap, the educational divide, and the racial wealth gap. But another type of inequality, frequently overlooked, is just as politically hazardous and economically damaging: inequality of wealth, income, and opportunity among different regions of the United States.

Consider the growing disparities incomes among the different geographical sections of America.

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explainer

Innovation & Monopoly

Date Published: June 1, 2017

The link between innovation and monopoly involves a tension between two different regulatory regimes: antitrust law, which is designed to fight monopolies, and patent law, which grants and enforces monopolies.

For much of the 20th century, Americans did a good job of reconciling this tension. Regulators used patent law to reward independent inventors for their new ideas while also using antitrust law to prevent large corporations from using patents to monopolize markets.

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explainer

Entrepreneurship & Monopoly

Date Published: June 1, 2017

Since the founding, Americans have viewed entrepreneurship as a way to secure our nation’s political freedom. Thomas Jefferson’s celebrated the civic virtue of “yeoman farmers.”  Since then a long line of American political thinkers have seen independent, small-scale business and property owners as guarantors of a vibrant democracy.

Americans also know that new business ventures are essential to economic progress and upward mobility.

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explainer

Consumer Choice & Monopoly

Date Published: June 1, 2017

The American consumer enjoys more choices than ever before, or so it seems. A trip to the grocery store reveals aisle after aisle of varied products marketed under countless brand names to countless specifications. Big e-commerce sites like Amazon feature a still greater plethora of choices.

Yet all is not what appears to be. Take eyeglasses, for example.

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In America today, wealth and political power are more concentrated than at any point in our country’s history.

The Open Markets Institute, formerly the Open Markets program at New America, was founded to protect liberty and democracy from these extreme -- and growing -- concentrations of private power.

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