– The Atlantic
How could a price drop at a chain with fewer than 500 stores scare a market with 38,000 of them? The Atlantic explores why.
– Harvard Business Review
The global economy is coalescing around a few digital superpowers. We see unmistakable evidence that a winner-take-all world is emerging in which a small number of “hub firms” — including Alibaba, Alphabet/Google, Amazon, Apple, Baidu, Facebook and Microsoft — occupy central positions. While creating real value for users, these companies are also capturing a disproportionate and expanding share of the value, and that’s shaping our collective economic future. The very same technologies that promised to democratize business are now threatening to make it more monopolistic.
– The New York Times
In the decade since the financial crisis, economic policy makers, professors and protesters have gathered in Grand Teton National Park every August to argue about the best ways to return to faster economic growth. This year, they gave up. The formal agenda and corridor conversations at the annual conference hosted by the Federal Reserve Bank instead focused mostly on making sure things don’t get worse.
From Governing Magazine: In politics, they say, money talks. But rarely has that been as true as it is now, at least among the nation’s governorships. With several wealthy candidates looking to run for their state’s top office in 2017 and 2018, we thought it would be a good time to weigh the pluses and minuses of bringing a ton of money, but relatively little political experience, to the governorship.