By Shang-Jin Wei, Project Syndicate
Members of Congress continue to trade individual stocks even as they shape legislative agendas and gain access to non-public information. New research sheds light on how political power affects financial outcomes and underscores the need for reforms that draw a firm line between public office and private profit.
Reports suggest SpaceX may seek as much as $75 billion, which would surpass Saudi Aramco’s record-setting IPO in 2019
Several Vox-owned brands, including The Verge, Eater, Popsugar, SB Nation and The Dodo, were excluded from the agreement, raising questions about possible future buyers
Net sales rose 6.7% to $25.44 billion during the February-to-April quarter, while comparable sales increased 5.6%.
Democracy functions as an elite contest, politicians and their coalitions vie for office, much like firms compete in a market
In the US, multiple nations speaking English live together within the 50 states and under a federal umbrella. In our case, language doesn’t demarcate a nation very clearly
The speed with which American polities proceed toward this situation will depend on two factors, both of which are already at play and contribute to ongoing talk of “national divorce” in the United States
