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Mordecai Kurz

Mordecai Kurz

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Mordecai Kurz is Emeritus Professor of Economics at Stanford University and the author, most recently, of The Market Power of Technology: Understanding the Second Gilded Age (Columbia University Press, 2023).

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  1. Mordecai Kurz on market power, Big Tech, antitrust, and more
    Kurz_Say-More_NanoStockk-via-GettyRF Kurz_Say-More_NanoStockk-via-GettyRF

    Mordecai Kurz on market power, Big Tech, antitrust, and more

    Jul 23, 2024 Mordecai Kurz explains how technology firms abuse patent law to establish and preserve monopolies, criticizes the US Supreme Court’s approach to market power, sheds light on the relationship between innovation and inequality, and more.

  2. How Capitalism Became a Threat to Democracy
    op_mkurz3_Spencer PlattGetty Images_rustbelt Spencer Platt/Getty Images

    How Capitalism Became a Threat to Democracy

    Mar 15, 2024 Mordecai Kurz examines the economic policies and market dynamics that have ushered in America's Second Gilded Age.

  3. Reform Antitrust and Patent Laws Now
    mkurz2_ Chip SomodevillaGetty Images_antitrust Chip Somodevilla/Getty Images

    Reform Antitrust and Patent Laws Now

    Jan 24, 2024 Mordecai Kurz outlines the legal changes needed to rein in Big Tech’s market power and restore meaningful competition.

  4. Market Power Is Permanent, and Technological Competition Does Not Remove It
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    Market Power Is Permanent, and Technological Competition Does Not Remove It

    Dec 1, 2023 Mordecai Kurz shows that technological change leads not to disruption, but to deeper, more enduring forms of market power.

  5. Who Cares About Big Tech’s Displaced Workers?
    A homeless man holds a sign as he panhandles for spare change Justin Sullivan/Getty Images

    Who Cares About Big Tech’s Displaced Workers?

    Apr 20, 2018 Mordecai Kurz explains how IT innovation is boosting corporate monopoly power and, with it, wage stagnation and inequality.

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    Financing Nature

    Razan Khalifa Al Mubarak & Bogolo Kenewendo propose ways to unlock more public and private capital for investments in preserving and restoring the planet.
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    Inflation Shamanism

    James K. Galbraith

    Following the US Federal Reserve's decision to cut its policy rate by 50 basis points, mainstream economists are heaping praise on the central bank for supposedly reining in inflation while also maintaining growth and high employment levels. Yet the data clearly show that monetary policy has been mostly a non-factor.

     marvels at the Federal Reserve's ability to win praise for positive outcomes it did not cause.
  3. bildt127_ROMAN PILIPEYAFP via Getty Images_ukrainewar Roman Pilipey/AFP via Getty Images
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    Where Is the War in Ukraine Heading?

    Carl Bildt argues that while neither side can attain victory, peace remains plausible if certain conditions are met.
  4. rodrik212_Stephen MaturenGetty Images_biden Stephen Maturen/Getty Images
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    What Kind of Industrial Policy Works?

    After a decades-long love affair with laissez-faire policies, many governments – notably in developed countries – are increasingly seeking to shape their economies through tariffs, subsidies, public procurement, and more. But not all industrial policies are created equal, and understanding their nuances and limitations is critical to their success.

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    The Big Picture

    PS editors
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    How China Is Preparing for America’s Next President

    Yu Jie assesses Chinese efforts to prevent deteriorating bilateral relations from hindering economic growth.
  7. haldar7_Kent Nishimura Los Angeles Times via Getty Images_abortion rights Kent Nishimura / Los Angeles Times via Getty Images
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    Abortion and Reproductive Rights Are Economic Issues

    Laura Tyson

    Too often, the press and voters treat abortion, and reproductive rights more broadly, as well as other “family” issues – like child tax credits, paid family leave policies and affordable childcare – as somehow different from economic issues. But they are not.

     shows why abortion, childcare, and parental leave are not merely “family” issues.
  8. davila3_ David McNewGetty Images_maritime shipping David McNew/Getty Images
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    Put a Price on Shipping Emissions

    Shania Scotland calls on small island countries to back a proposed levy on maritime greenhouse-gas emissions.
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    The New Threat to Free Speech

    Chris Patten highlights governments’ struggle to manage online extremism while upholding a fundamental right.

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