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Mordecai Kurz

Mordecai Kurz

6 commentaries

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
    op_mkurz2_GREG BAKERAFP via Getty Images_apple GREG BAKER/AFP via Getty Images

    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.

  1. frankel165_CHRISTINE OLSSONTTTT NEWS AGENCYAFP via Getty Images_nobelwinners Christine Olsson/News Agency/AFP via Getty Images
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    What Causes Prosperity?

    Jeffrey Frankel shows how this year's Nobel Prize-winning economists tackled a once-insoluble problem.
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    Ukraine’s Post-Colonial Future

    Michael Ignatieff believes that what is at stake in the war with Russia is the fate of the last European imperialism.
  3. obstfeld6_Anthony KwanGetty Images_tariffs Michael M. Santiago/Getty Images
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    Donald Trump’s Tariffs Would Hurt US Workers and Businesses

    Maurice Obstfeld shows why targeting an overall reduction in imports would reduce America’s real wages and national income.
  4. kenewendo6_ LUIS TATOAFP via Getty Images_green energy africa LUIS TATO/AFP via Getty Images
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    Africa’s Green Future Starts with Debt Relief

    Bogolo Kenewendo & Patrick Njoroge propose large-scale relief to ensure that the continent’s countries can invest in climate action.
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    Diane Coyle on economic progress, tech monopolies, artificial intelligence, and more

    Diane Coyle advocates a new public philosophy that rejects viewing “government” and “market” as opposites, explains why time-use data must shape technological development, warns that policymakers are devising AI regulation in a thick conceptual fog, and more.
  6. banga4_PATRICK FORTAFP via Getty Images_rainforest PATRICK FORT/AFP via Getty Images)
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    A New Paradigm for Standing Forests

    Ajay Banga, et al.

    While forest carbon markets have created new revenue streams, they usually reward only those countries, communities, or project developers who are focused on reducing their emissions from deforestation. Something more is needed to tie financial rewards to forests that aren’t under immediate threat.

     present a new mechanism to generate financial returns for countries that prevent deforestation.
  7. woods59_ Brandon BellGetty Images_labor Brandon Bell/Getty Images
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    Working-Class Antiheroes

    Ngaire Woods advocates using domestic labor legislation that supports unionization – not tariffs – to protect workers.
  8. op_brown2_TIERNEY CROSSAFP via Getty Images_IMFworldbank Tierney Cross/AFP via Getty Images
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    Toward a Fifth World Order

    Gordon Brown & Mohamed A. El-Erian

    Historically, massive revisions to the international system have come about only after a complete breakdown of the previous order. With today's global institutions sorely in need of reform, can the transition to a new order be achieved without incurring the costs and pain that such a breakdown would entail?

     explain why multilateral institutions urgently need to be reformed, and why the G20 is the right forum for it.
  9. kruger76_Justin SullivanGetty Images_shipping Justin Sullivan/Getty Images
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    US Tariffs Will Not Bring Back Jobs from China

    Michael R. Strain decries both parties’ reluctance to prepare Americans for the employment opportunities of today and tomorrow.

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