Ben Sperry •
November 13, 2019
The central irony of the Economists’ Hour is that in criticizing the influence of economists over policy, Appelbaum engages in a great deal of economic speculation himself. Appelbaum would discard the opinions of economists in favor of “the lessons of history,” but all he is left with is unsupported economic reasoning.
In anticipation of the long-rumored and much-discussed sale of ThyssenKrupp’s elevator business — the International Center for Law & Economics released "The Antitrust Risks of Four To Three Mergers: Heightened Scrutiny of a Potential ThyssenKrupp/Kone Merger," by Eric Fruits and Geoffrey A. Manne.
Jonathan Barnett •
November 12, 2019
This guest post is by Jonathan M. Barnett, Torrey H. Webb Professor Law, University of Southern California Gould School of Law.
Corbin K. Barthold •
October 23, 2019
This guest post is by Corbin K. Barthold, Senior Litigation Counsel at Washington Legal Foundation.
Eric Fruits •
October 22, 2019
Wall Street Journal commentator, Greg Ip, reviews Thomas Philippon’s forthcoming book, "The Great Reversal: How America Gave Up On Free Markets." Ip describes a “growing mountain” of research on industry concentration in the U.S. and reports that Philippon concludes competition has declined over time, harming U.S. consumers.
Ben Sperry •
October 16, 2019
For most people, the word discrimination has a pejorative connotation of animus based upon prejudice ... but another definition is a lot less charged: the act of making or perceiving a difference.
Alec Stapp •
October 8, 2019
“Data is the new oil,” said Jaron Lanier in a recent op-ed for The New York Times. Lanier’s use of this metaphor is only the latest instance of what has become the dumbest meme in tech policy.
Alec Stapp •
October 1, 2019
Seeing internet traffic is not the same thing as “account[ing] for” — or controlling or even directly influencing — internet traffic.
Alec Stapp •
September 27, 2019
Less than 20 percent of all Internet traffic goes through sites owned or operated by Google or Facebook. While this statistic may be less eye-popping than the one trumpeted by Warren and other antitrust activists, it does have the virtue of being true.