Interchange Fees Are Not Rising: Correcting the GAO Report
Next summer, the World Cup, the world’s most watched sporting event, marks its quadrennial return. Although thirty-two teams will compete in South Africa, the list . . .
Interchange Fees Are Not Rising: Correcting the GAO Report
Seven Truths About Regulating Interchange
Interchange fees on payment cards are obviously a hot topic in the United States, but also in Europe and in many other countries around the . . .
Moving the Ball Forward: Macroeconomic Considerations
What is most surprising about the GAO report is how little the analytical discussion of this subject has advanced in the last decade. We all . . .
EPA’s Legislative End-run Strategy
Apparently the Obama administration is not very confident about getting its environmental climate change agenda passed through Congress. Given a legislative “solution” is off the . . .
I Do Not Think Those Words Mean What You Think They Mean
Here’s Henry Waxman on the federal government saving the newspapers from failing… Read the full piece here.
A Sarbox Update
From Larry Ribstein: A few years later, Henry Butler and I wrote a book decrying SOX, and discussing the evidence that was accumulating against it, . . .
Is Google or the government the problem?
Well, you probably know my answer to that one. I was interested to read Fred von Lohmann’s short take on the privacy aspects of the . . .
DOJ Disconnect: Do we really need a roadshow?
And now for something completely different. Being the only non-lawyer economist in the group seems to warrant such a preface sometimes. Read the full piece . . .
A Decision-Theoretic Rule of Reason for Minimum Resale Price Maintenance
My latest working paper, which bears the same title as this post, is now available on SSRN. In the paper, I address the challenge created . . .