Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Defense and aerospace giant Raytheon announced plans last week to merge with rival defense and aerospace giant United Technologies, creating a huge corporation, albeit a bit smaller than Boeing, and ...

Capitalism’s growing problems (inequalities, instabilities, unsustainability etc.) lead some defenders to argue that the cause is monopoly displacing competition in many industries. We disagree: ...

How does one reconcile a belief in the power of economic dynamism — that it takes “maximum competitive intensity” in business to really drive growth and innovation — with a deep skepticism that what ...

Truth in the old adage that politics makes strange bedfellows is demonstrated from time to time. This is a sign of a healthy democracy. That is especially true now in our nation after a ...

Explore imperfect competition in economics, its characteristics, and how it contrasts with perfect competition. Learn about ...

Anyone who has played Monopoly knows the emotional rollercoaster it brings. You start with a small stack of cash and a plan that falls apart the moment another player snatches the property you had ...

I'm realizing our monopoly game segment on yesterday's podcast didn't really go far enough. Check out Jon Methven's essay in McSweeney's, The Economic Crisis Hits the Markson Family Monopoly Board: "I ...