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June 11, 2013

Good News for the SEC? Bad News for Markets

The Securities and Exchange Commission (SEC) recently scored a significant win against a Maryland banker accused of naked short-selling. What may be good news for the SEC is bad news…

Financial Regulation

November 12, 2012

Who’s Flying The Plane?

Michael Sykuta

It’s an appropriate question, both figuratively and literally. Today’s news headlines are now warning of a looming pilot shortage. A combination of new qualification standards for new pilots and a…

Antitrust & Consumer Protection

March 12, 2012

More Bailout Fallout: Non-buyer’s Remorse

Michael Sykuta

An interesting story in the WSJ Online today about American International Group (AIG)’s use of a standard tax write-off and the political firestorm it is creating…all because the Washington establishment…

Financial Regulation

March 5, 2012

A Tale of Two Subsidies

Michael Sykuta

Last week’s business news highlighted two tremendous subsidy programs. In one case, the company received no direct payment for product development. None of its suppliers received targeted subsidies to produce…

Financial Regulation

February 2, 2012

Options Have Value, Even If DOT Doesn’t Get It

Michael Sykuta

Last week Thom posted about the government’s attempt to hide the cost of taxes and regulatory fees in commercial airfares. Apparently Spirit Airlines is highlighting another government-imposed cost of doing…

Antitrust & Consumer Protection

April 8, 2011

Opening the US securities markets

Michael Sykuta

Larry makes a strong argument below for why the proposed SEC rules changes reported today in the WSJ should not be heralded as some great opening up of US securities…

Financial Regulation

March 9, 2011

Small Business Financing Post-Crisis

Michael Sykuta

Tomorrow I will be attending a symposium on small business financing sponsored by the Entrepreneurial Business Law Journal‘s at the Moritz College of Law at the Ohio State University. I’m…

Financial Regulation

October 11, 2010

Congratulations…but let’s not over do it

Michael Sykuta

I was waiting to write something about today’s announcement of the Nobel Memorial Prize in Economics being awarded to Diamond, Mortensen, and Pissarides. Josh has already provided his thoughts and…

September 24, 2010

Elgar Companion to Transaction Cost Economics

Michael Sykuta

Peter Klein (over at Organizations and Markets) and I recently edited a volume for the Elgar Companion series titled The Elgar Companion to Transaction Cost Economics. At long last, the…

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