Columbia Law School Professor Katharina Pistor challenges a five-decade-old consensus in "The new Washington consensus," published Jan. 30 in The Business & FInancial Times.
Pistor is Edwin B. Parker Professor of Comparative Law at Columbia Law School and a leading scholar and writer on corporate governance, money and finance, property rights, and comparative law and legal institutions. She is also a faculty co-director with the Center for Political Economy.
Pistor said the Trump administation is going much further than past leaders in rewarding big business by rolling back antitrust enforcement as well as financial and environmental regulations.
"If a picture is worth a thousand words, the image of Big Tech founders and CEOs (including from Amazon, Meta, and X) filling the front row at Trump’s inauguration is a manifesto," PIstor wrote. "They were given priority even over the president’s cabinet nominees."
