Out now in the current issue of The Atlantic is my piece for an article on the state of the U.S. economy, especially with regard to innovation and new business creation. Hint: it's not great. Why? Because we have a pretty serious monopoly problem in this country, that is looking increasingly like the gilded age of the late 19th century. As the article explains, nearly every industry is concentrated into a few humongous corporations that control a vast majority of the market in their respective sectors. Whether it's clothing, health insurance, airlines, cable, supermarkets, publishing- you name it- it's an oligopoly.
Pick up a copy, or read the article here. Thanks to, Paul!