Competition
Equitable Growth supports research and policy analysis on how strong competition among U.S. businesses affects inequality and broad-based economic growth. More
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Families
Equitable Growth supports research and policy analysis on how unequal access to care, 21st century work-life policies, and education undermines stable, broad-based economic growth. More
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Inequality & Mobility
Equitable Growth supports research and policy analysis on how trends in economic inequality and mobility and changes in the economy have affected the concentration of wealth, income, and earnings, and how these distributional shifts have affected the promise of economic security and opportunity. More
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- Income & Earnings Volatility
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Labor
Equitable Growth supports research and policy analysis on how inequalities in wages, bargaining power, and the evolving labor market affect workers’ economic security and opportunity as well as broad-based economic growth. More
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- AI, tech, & the economy
- Bargaining Power
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Tax & Macroeconomics
Equitable Growth supports research and policy analysis on how tax and macroeconomic policies can promote stable and broad-based economic growth. More
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Must-Read: Hal Varian: No Hope of a Quiet Life in the Age of Disruption

Must-Read: Hal Varian: No Hope of a Quiet Life in the Age of Disruption:

Robust competition in tech brings benefits for consumers…

The 20th century was a great time for innovation…. Then, as now, we saw the typical dynamic that accompanies technological innovation: a flood of entrants followed by intense competition and exits, with a handful of large companies remaining. The same script is playing out online… [but] today tech groups are competing across industries rather than within them, and competing globally rather than nationally…. Google, Amazon, Facebook, Microsoft and Apple… are not stuck in silos or hemmed in by a single business model… compete intensely… products and services are better, faster and cheaper than ever before….

Why do they not just sit back, stick to what they do best and let the money roll in? Because sitting back is a sure recipe for obsolescence. Entering a new market in the online world is far easier than in the offline world…. Companies such as Amazon, Google, Microsoft and IBM offer services to small operators that range from advertising and app stores to cloud services and open-source software…. Competition in tech is robust for both large and small companies, resulting in low prices, high-quality products and innovation that benefits consumers worldwide…

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Must-Read: Hal Varian: No Hope of a Quiet Life in the Age of Disruption

October 4, 2016

AUTHORS:

October 4, 2016

AUTHORS:

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon