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TOTM Steve Horwitz writes a short, lay piece on crowding out and job creation. Brad “smacks down” Steve Horowitz. Russ Roberts amplifies Horwitz with a nice . . .
Steve Horwitz writes a short, lay piece on crowding out and job creation.
Brad “smacks down” Steve Horowitz.
Russ Roberts amplifies Horwitz with a nice point about the dangers of aggregation.
David Henderson notes that Brad misses what Horwitz is really saying.
Brad DeLong “smacks down” Steve Horwitz again, not acknowledging any of the criticisms.
Read the full piece here.
TOTM Repeating claims he made in his statement in Intel, Chairman Leibowitz in a recent interview in the Wall Street Journal has this to say about . . .
Repeating claims he made in his statement in Intel, Chairman Leibowitz in a recent interview in the Wall Street Journal has this to say about stepped-up Section 5 enforcement at the FTC…
TOTM Yesterday the final Horizontal Merger Guidelines Review workshop was held and, among other antitrust luminaries, our own Josh Wright participated. We look forward to a . . .
Yesterday the final Horizontal Merger Guidelines Review workshop was held and, among other antitrust luminaries, our own Josh Wright participated. We look forward to a report from the front lines.
TOTM Today the SEC voted 3-2 to approve an interpretive release offering guidance to companies on disclosure obligations as they relate to climate change. Commissioners Casey . . .
Today the SEC voted 3-2 to approve an interpretive release offering guidance to companies on disclosure obligations as they relate to climate change. Commissioners Casey and Paredes voted to reject the proposed guidance.
TOTM Simon Johnson is at it again, advocating the use of antitrust to break up the banks because they are, you know, big, and antitrust is . . .
Simon Johnson is at it again, advocating the use of antitrust to break up the banks because they are, you know, big, and antitrust is about busting up big companies, right?
TOTM Jim Van Dyke (who contributed to our interchange symposium) has an interesting post up today recounting a brief glimpse of life without payment cards… Read . . .
Jim Van Dyke (who contributed to our interchange symposium) has an interesting post up today recounting a brief glimpse of life without payment cards…
TOTM As regular readers know, we’ve been following with (critical) interest the antitrust issues surrounding the seed industry in general and Monsanto in particular. See, for . . .
As regular readers know, we’ve been following with (critical) interest the antitrust issues surrounding the seed industry in general and Monsanto in particular. See, for example posts by me or Mike here, here and here.
Popular Media The FTC should be ashamed Seriously. What interpretation of events is there other than that the FTC knew it could not prevail in a Section 2 . . .
The FTC should be ashamed
Seriously. What interpretation of events is there other than that the FTC knew it could not prevail in a Section 2 case and decided to go in search of a back-up? Commissioners Rosch and Leibowitz have been making noise about Section 5 for some time, and this seemed like the perfect opportunity to put it to the test—to make some new law that would favor the Commission in cases like this one where it “knows” there is injury but the Section 2 case law makes prevailing difficult nonetheless. They have “found” their case, and Intel, its shareholders, consumers and competition generally will suffer mightily for their hubris.
TOTM Adam Levitin has a blog post up responding to Todd Zywicki’s recent WSJ editorial on credit card interchange fees. As most readers know, this is . . .
Adam Levitin has a blog post up responding to Todd Zywicki’s recent WSJ editorial on credit card interchange fees. As most readers know, this is a topic of significant interest around here, and Josh blogged about Todd’s op-ed just yesterday. I’m on vacation so I’ll be brief, but I thought Adam’s post was so wrong it necessitated my getting off the beach for a reply. Adam writes…
