CRADLE White Paper Series

The CRADLE White Paper Series promotes original thinking in law and economics, drawing on insights from social sciences, to explore perspectives on issues impacting the evolving economic landscape. 

About the Series 

We welcome submissions that are clear, well-structured, and intellectually engaging, offering a well-defined perspective on issues relevant to the evolving economic landscape shaped by rapid technological advancements, climate change challenges, and emerging forms of globalization. The series aims to help navigate this new world by promoting original thinking in law and economics and drawing on insights from social sciences. To foster diversity and inclusion within our intellectual community, we are particularly interested in receiving submissions from developing nations, including Africa, Asia, and Latin America.

Submission Guidelines 

Submissions should be independent works, even if they draw from or summarize a larger body of research. If your submission is based on a previously published article or study, please include a link to the original publication. Where applicable, please use hyperlinks to reference online sources, particularly when making claims that require substantiation. 

We encourage you to keep your submissions under 8,000 words. Please use the Chicago Author-Date citation style for all references.

Submitted papers undergo a brief review process and are published upon acceptance. Please submit your paper using the submission form. The review process typically takes 10-15 working days. Please note that due to the high volume of submissions, we may not be able to send individual rejection responses. If your submission is accepted, we will get in touch with you directly. Minor revisions may be made before publication, while any substantial edits will be sent to the author for approval.

Please feel free to direct any questions or comments to Upasana Singh (us58@cornell.edu). 

Recent Papers

What the Federal Reserve Got Totally Wrong about Inflation and Interest Rate Policy: Getting Real About Rents

Daniel Alpert

Since the beginning of 2019, the Federal Reserve’s Federal Open Market Committee’s (FOMC) has begun to reconsider the wisdom of having increased its overnight policy interest rate by 100 basis point during the course of 2018, after increasing it by 75 basis points the year before. The FOMC has sent signals, with regard to its prospective actions this year, that are substantially more dovish than the guidance it delivered in 2018. The Fed’s motives may include some soft economic data and severe…

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New Technology and Increasing Returns: The End of the Antitrust Century?

Kaushik Basu

The advance of digital technology is changing the nature of markets, enhancing the capacity of corporations to extract more consumers’ surplus and lower the wages paid to workers. The rise of new technology has also diminished the efficacy of traditional laws to regulate firms and corporations. This is best illustrated by antitrust laws. With the new technology, there are greater returns to scale in production, and further, it is possible to have different components of the same final good be…

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