In 2023, Taylor Swift’s concert tour saw overwhelming demand, with fans willing to pay over $1,000 for tickets. Market Institute Senior Fellow John Tamny explores Swift’s ingenious solution to this high-demand problem: she filmed her closing shows at SoFi Stadium and had the concert film, “Eras Tour,” screened in theaters. Read more…
After Bernie Sanders’ 2020 primary loss, his fervent supporters regrouped under the Young Democratic Socialists of America (YDSA) banner, employing a tactic called “salting” to infiltrate companies and rally workers for unionization. As socialism gains traction within the Democratic Party, the YDSA and unions are focusing on organizing workers to Read more…
President Biden’s populist approach to healthcare reform, focusing on price controls, has stirred controversy in the pharmaceutical industry. A new article by Market Institute President Charles Sauer in The Hill highlights the potential consequences of this strategy, including drug shortages and stifled innovation. By exploring the lessons learned from Japan’s Read more…
In the era of woke capitalism, political lines are shifting as the traditional champions of free markets and government regulation seem to have swapped roles. The rise of ESG principles in business has led Republicans to advocate for increased government oversight, while progressives like Rep. Maxine Waters find themselves embracing Read more…
Senators Elizabeth Warren and Lindsey Graham’s Digital Consumer Commission Act is a threat to free speech, granting excessive censorship powers under the guise of combating online harassment. The bill’s ban on preferencing assumes consumers are incapable of making informed choices, unfairly penalizing businesses for providing better services. This proposed legislation Read more…
Michigan recently made history by becoming the first state to repeal a Right to Work law since 1965. Right to Work laws protect workers from being compelled to pay union dues or join a union as a condition of employment, allowing them the freedom to choose. This move sparked controversy, Read more…
In the early days of the internet, Kimbal Musk and his brother Elon faced skepticism from the president of the Toronto Star who couldn’t fathom the idea of computerized information replacing the phone book. This story serves as a reminder that executives often fail to grasp the evolving nature of Read more…
In a concerning constitutional twist, the appointment of Julie Su as Acting Secretary of Labor, bypassing Senate confirmation, has ignited debate. The Constitution’s emphasis on checks and balances is at the core of the issue, as the Senate’s role in confirming key executive appointments is being questioned. Beyond procedural matters, Read more…
President Biden’s Labor Secretary nominee Julie Su, who played a role in California’s controversial labor law AB 5, is a serious concern for American workers and the gig economy. Su’s history of supporting reclassification of independent contractors could undermine the flexibility that gig workers value. It’s essential for President Biden Read more…
Market Institute Senior Fellow John Tamny has a new article in Real Clear Markets on the latest attacks from Lina Khan and the Financial Trade Commission. He draws comparisons between Henry Ford’s creation of the mass automobile market with the Model T and Jeff Bezos’ transformation of e-commerce through Amazon. Read more…