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Einaudi Center for International Studies

New Technology and Increasing Returns: The End of the Antitrust Century?

Kaushik Basu headshot

Author: Kaushik Basu

The advance of digital technology is changing the nature of markets, enhancing the capacity of corporations to extract more consumers’ surplus and lower the wages paid to workers. The rise of new technology has also diminished the efficacy of traditional laws to regulate firms and corporations. This is best illustrated by antitrust laws. With the new technology, there are greater returns to scale in production, and further, it is possible to have different components of the same final good be produced by different firms in faraway places.

White Paper

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Type

  • White Paper

  • CRADLE White Paper Series

Publication Details

Publication Year: 2019

What the Federal Reserve Got Totally Wrong about Inflation and Interest Rate Policy: Getting Real About Rents

headshot of daniel alpert with glasses and in a suit

Author: Daniel Alpert

Since the beginning of 2019, the Federal Reserve’s Federal Open Market Committee’s (FOMC) has begun to reconsider the wisdom of having increased its overnight policy interest rate by 100 basis point during the course of 2018, after increasing it by 75 basis points the year before. The FOMC has sent signals, with regard to its prospective actions this year, that are substantially more dovish than the guidance it delivered in 2018. The Fed’s motives may include some soft economic data and severe reversals in equity markets and long term interest rates during the last weeks of 2018, but it is clear that the FOMC’s approach to the policy rate in 2019 will be data dependent and far less dogmatic.

White Paper

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Type

  • White Paper

  • CRADLE White Paper Series

Publication Details

Publication Year: 2019

Cornell Gamelan Ensemble Concert

May 6, 2025

7:30 pm

Klarman Hall, Klarman Hall Atrium

Under Guest Director Heri Purwanto, a freelance musician from Surakarta, Indonesia, the Cornell Gamelan Ensemble presents a varied program of traditional Javanese music in the Klarman Hall Atrium.

Co-sponsors: The Department of Music, the Mario Einaudi Center for International Studies, the Department of Asian Studies, and the Southeast Asia Program.

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Einaudi Center for International Studies

Southeast Asia Program

Thailand, Uyghurs, and a Shifting Foreign Policy Toward China

Woman wearing hijab and holding family photo, Uyghur protest, Lincoln Memorial, Washington, DC, Oct. 2021
April 22, 2025

Magnus Fiskesjö interviewed by The Diplomat

Magnus Fiskesjö (SEAP/EAP) spoke with The Diplomat after Thailand secretly deported at least 40 Uyghurs to China.

In late February, Thailand ignored international pleas for mercy and secretly deported at least 40 Uyghurs to China, prompting accusations that Bangkok had bowed to pressure from Beijing and eliciting an angry response from Washington.

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Topic

  • World in Focus

Tags

  • Human Security

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