The Return of “Big is Bad”
But wholesale rejection of the document — the most complete statement to date on the law and economics of Section 2 — because of disagreement with some of its positions is irresponsible and premature.
The Return of “Big is Bad”
More ‘New Economy’ Hyperbole
Wired’s Chris Anderson drinks the New Economy Kool-Aid. It’s the same old argument — information technology reduces transaction costs, leading to a radical disaggregation of industry and society — . . .
US Antitrust Becomes More European
Last week the European Commission slapped Intel Corporation with the largest antitrust fine in the Commission’s history, announcing that the sanctions were necessary to protect consumers from the egregious abuses of a “dominant firm.”
Antitrust and the Theory of the Firm
Josh has a nice post at Truth on the Market on the place of antitrust research and practice within the legal academy. “[C]ontrary to the conventional wisdom . . .
An Obamanable Housing Plan
So, let me get this straight. We’re in a major recession triggered by a collapse in the housing market, itself the inevitable result of government . . .
Disaster Socialism
As I noted elsewhere yesterday, the “stimulus” bill making its way through Congress is a fine illustration of the Higgs effect, the tendency of government to expand . . .
Cass Sunstein, OIRA, and Nudging
On Thursday President-elect Obama named law professor Cass Sunstein to head the Office of Information and Regulatory Affairs, an executive-branch office with the mission of analyzing . . .
Book Review of Yochai Benkler’s The Wealth of Networks
Yochai Benkler’s The Wealth of Networks is a comprehensive, informative, and challenging meditation on the rise of the “networked information economy” and its implications for society, politics, . . .
Price Gouging: The Latest Victims
Please join me in support for poor, beleaguered gas station owners, the victims of unconscionable price gouging by ruthless consumers who are taking advantage of . . .