Weekend reading
This is a weekly post we publish every Friday with links to articles we think anyone interested in equitable growth should read. We won’t be the first to share these articles, but we hope by taking a look back at the whole week we can put them in context.
Market power
Ryan Avent thinks concerns about the market power of Amazon.com Inc. are overblown. [free exchange]
Joshua Gans agrees that antitrust remedies are not the best way to deal with concerns about the company, but concerns should be voiced. [digitopoly]
Timothy Taylor looks at the possibility of anti-trust concerns writ global that cross borders. [conversable economist]
Paul Krugman wonders about the broader question of the disconnect between profits and investments and considers the role of monopoly power. [ny times]
Taxation at the top
“The question, then, is if confronted with a vastly higher tax rate, would Jamie Dimon still behave like LeBron James.” Ben Walsh on a new paper that argues the optimal top tax rate is 90 percent whether the payee is a sports superstar or one of the best-rewarded executives on Wall Street. [huff post]
Data deep dives
Where can someone in the United States earning the median income get the most bang for the buck? Dylan Matthews takes a look. [vox]