About Katharina Pistor

Katharina Pistor is professor of comparative law at Columbia Law School. She is the author of The Code of Capital: How the Law Creates Wealth and Inequality.

Limited liability is causing unlimited harm

by Katharina Pistor on 11th February 2020

The purpose of limited-liability protection was to encourage investment in corporations, yet it has evolved into a source of systemic market failure.

Facebook’s Libra must be stopped

by Katharina Pistor on 24th June 2019

After years of disregarding privacy, exploiting user data and failing to control its platform, Facebook has unveiled a cryptocurrency and payment system that could take down the entire global economy.

What makes capital cities the best places to live?

Eurofound’s new analysis of the latest European Quality of Life Survey (EQLS) compares quality of life and well-being, quality of society, and quality of public services in Europe’s capitals and major cities with respective national averages. The study not only gives an indication of what perceptions of quality of life is like for the 48 million people that live in capital cities in the EU, but also other major European cities such as Istanbul and Belgrade.

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Social Europe Volume Two

This book brings to you some of the best contributions published on Social Europe over the second half of 2019 in easily accessible ebook and paperback formats. The collection is newly edited with a thematic focus on the rise of populism and also includes in text-form previously unpublished material from Social Europe Podcast. This second volume brings together contributions by Cas Mudde, Dani Rodrik, Peter Verovsek, Branko Milanovic, Sheri Berman, Paul Mason, Bela Galgoczi, Mariana Mazzucato and Ngaire Woods.

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Zygmunt Bauman was a towering intellectual who saw and analysed – right up to his death in early 2017 – the great socio-political changes, often convulsive, in modern western society long before his peers. Here we highlight his prescient insights into what he dubbed ‘liquid modernity’ with 24 chapters on topics ranging from online loneliness via precarity/poverty/inequality to migration, fear of the ‘Other’ and the decline of the nation state. Chronicle of Crisis, 2011-16, written by one of the great chroniclers of our times, will be read and re-read for decades and more to come.

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The Blocked Completion of the European Monetary Union

The reform of the euro zone is stuck. Against the background of political blockades, this report examines from a combined economic and political science perspective how the Euro can be prepared for the next crisis. The report first identifies general requirements for the stabilization of economic and monetary union. Next, the report reconstructs the political logic of the euro crisis and shows that the prospects for realizing far-reaching reform proposals aiming at a fiscal union are poor. Subsequently, the report develops a proposal of how, under the given circumstances, the room for maneuver within the existing framework of economic and monetary union can be extended in a pragmatic way in order to strengthen national fiscal policy as an instrument of macroeconomic stabilization.

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The European minimum wage on the doorstep

The European Commission published a consultation document with a view to take legislative action to establish fair minimum wages in Europe. In this policy brief, the researchers argue for a pragmatic approach of taking the ‘in-work-poverty-wage’ threshold of 60 per cent of the national full-time gross median wage as the reference to assess the adequacy of minimum wages. In countries in which a high proportion of workers earn very low wages, the whole wage structure, and therefore the median wage, is very low; therefore, a minimum wage of 60 per cent of the national median wage may still not be enough to ensure a decent living standard.

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Limited liability is causing unlimited harm

Facebook’s Libra must be stopped

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