DOJ Approves Whirlpool/Maytag Merger

The DOJ will not challenge Whirlpool’s (much-blogged-about) proposed acquisition of Maytag (HT: WSJ Law Blog). This Reuters blurb suggests that antitrust experts believe the decision “is a key test of…

Zaring on the ABA Consent Decree

David Zaring, guest blogging at Concurring Opinions, has some thoughts on the sunsetting of the ABA’s consent decree this June. David asked for my thoughts on what this will mean…

GMU Makes the Final Four!

What a game!  George Mason beat UCONN 86-84 in overtime and is heading to the Final Four after eliminating Michigan State, North Carolina, Wichita State, and now, UCONN.  Congratulations to…

Sen. Lugar’s New Grip on Reality

In a recent speech at the Brookings Institution, Senator Richard Lugar (R-IN) bashed what he called “a laissez-faire energy policy that relies on market evolution.” Under such a policy, he…

Mandating Cost-Savings for Hospitals

It drives me nuts when the government attempts to justify rules mandating particular business practices on grounds that they reduce costs for the businesses being regulated. My favorite recent example…

Let the Market Handle It

Economists, free-marketeers, and law and econ types are often accused of invoking this phrase as a knee-jerk reaction to regulations of all shapes and sizes. The position is sometimes attacked…