An increasingly frequent theme sounded in competition policy throughout the world’s developed economies is that public enterprises are engaged in anticompetitive behavior aimed at private enterprises. In the United States, government enterprises, such as the U.S. Postal Service and the Tennessee Valley Authority, and government-sponsored enterprises, such as...

In a recent Joint Center study, David E. M. Sappington and J. Gregory Sidak argue that because public enterprises do not typically seek to maximize profits, incentives exist for those enterprises to undertake activities that disadvantage competitors. Those activities include setting prices below marginal cost, raising the...

Listing polar bears as endangered could seal a cap-and-trade response to carbon emissions and end Arctic oil and gas exploration.

Five non-monetary policy errors, from protectionism to higher taxes, prolonged the Great Depression--and they may prolong our current economic straits.

Neither Herbert Hoover nor Franklin D. Roosevelt promulgated policies that worked.

Scholars discussed whether government enterprises and government-sponsored enterprises enjoy an unfair advantage in their markets.

Presidential candidates may want to be careful as they climb onto FDR's shoulders. The New Deal edifice may look solid, but it doesn't form a good basis for the American future.

Presidential candidates may want to be careful as they climb onto FDR's shoulders. The New Deal edifice may look solid, but it does not form a good basis for the American future.