Ineteconomics

Red Tech and American Politics: Nick French Interviews Thomas Ferguson

Venture-backed “tech capital” is reshaping U.S. politics through campaign finance, platform gatekeeping, defense/AI procurement, and policy entrepreneurship. In an interview with Nick French, INET's Research Director Thomas Ferguson discusses these channels of influence, examining their macro-distributional consequences, and outlining guardrails to restore democratic accountability and broadly shared gains.
Nick French

Elon Musk’s latest power grab: Will Tesla’s CEO become the world’s first trillion-dollar employee?

Elon Musk secured shareholder approval for a new stock-based package designed to double his voting power at Tesla, potentially making him the first trillion-dollar employee. As this plan cements Musk’s control it ties vesting to audacious market-cap and production targets and diverts focus from progressive value creation. Musk’s governance, layoffs, and politicization could imperil Tesla’s EV leadership and ambitions in AI and robotics.
Elon Musk is, once again, taking stock

Private Data, Public Danger? How the Shutdown Poses Risks to the Entire Economy

As the government shutdown drags on, official economic data has slowed to a crawl, leaving policymakers, markets, and citizens increasingly reliant on private-sector numbers. That’s a problem.
If the 2008 financial crisis proved anything, it’s that economic stability is not a given but a fragile construct – one that can collapse at warp speed when trust, transparency, and accountability erode.

Reality has a way of reminding us if we forget.

Mamdani’s Win and the Price of Urban Life: Why City Voters Are Seeking Change

The soaring costs of city life appear to be sending urban voters toward progressive leaders who promise relief, both in the U.S. and globally.
From New York to California and beyond, soaring costs seem to be rewriting city politics, as voters respond to candidates who promise to ease the financial squeeze. Zohran Mamdani’s historic win in NYC underscores a shift that has been emerging in recent years – both in the U.S. and globally -- and could extend to other major cities.

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