The case against Google hinges on an antitrust “mistake”

IN 1912 America’s Supreme Court ruled that a coalition of 14 railroad proprietors had used their joint ownership of a bridge across the Mississippi river, near the St Louis terminal, to unlawfully stifle competition. The crossing gave the railroad trust a chokehold over traffic to and from the city’s main terminal. St Louis was an […]

The case for globalisation optimism

“We are suffering just now from a bad attack of economic pessimism,” wrote John Maynard Keynes in 1930, in the midst of a disintegrating global economy. He went on to describe the much better future the world could expect if it ever got its act together. Things are not so bleak today, but it is […]