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Come on, *Financial Times*…please…?

Summary:
You know, I love you FT, please do not go this route in your subheaders: Can new proposed regulation curb the power of big tech companies that now control roughly 80 per cent of corporate wealth? Here is the link itself, maybe gated for you, but I can assure you it provides no support for this “factoid” whatsoever.  There is a reference to “IP-rich companies” controlling all that wealth globally — come on, that “IP-rich” designation could mean anything, and it does not correspond to how most people understand the phrase “Big Tech”…and where does that stat come from anyway?  Which large companies would it not count? The post Come on, *Financial Times*…please…? appeared first on Marginal REVOLUTION.

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You know, I love you FT, please do not go this route in your subheaders:

Can new proposed regulation curb the power of big tech companies that now control roughly 80 per cent of corporate wealth?

Here is the link itself, maybe gated for you, but I can assure you it provides no support for this “factoid” whatsoever.  There is a reference to “IP-rich companies” controlling all that wealth globally — come on, that “IP-rich” designation could mean anything, and it does not correspond to how most people understand the phrase “Big Tech”…and where does that stat come from anyway?  Which large companies would it not count?

The post Come on, *Financial Times*…please…? appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

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