A Market Is A Regulatory Artifact.

It is the rules — about competition, governance, sector-specific structure — that determine whether a market produces the outcomes economic theory predicts or whether it produces capture, rent extraction, and stagnation. The proposals here address those rules: antitrust authority that can keep up with platforms whose marginal cost is zero, governance reforms for systemically important institutions, financial-system architecture, and sector-specific repairs in the places where general principles do not reach. Markets remain the most powerful tool ever devised for allocating effort. They depend, every day, on a set of rules someone has to maintain.