DOJ v. Blue Cross Blue Shield of Michigan
This should be an interesting case to watch. As I’ve discussed, if one excludes policy speeches and restricts focus to enforcement action and activity, it . . .
DOJ v. Blue Cross Blue Shield of Michigan
Optimal Sanctions for NFL Hits
In response to a week with what the NFL perceives to be a large number of tackles causing injury, the league is ready to announce . . .
Justin Wolfers on Recessions and the Economics of Marriage
As per usual, Justin Wolfers is there to clean up misconceptions about the data and explain what is really going on. As it turns out, . . .
Do Republicans Hate Behavioral Economics?
Ezra Klein has an interesting blog post covering Peter Diamond’s nomination to Federal Reserve Board. The standard refrain in this debate has been something like: . . .
Congratulations…but let’s not over do it
I was waiting to write something about today’s announcement of the Nobel Memorial Prize in Economics being awarded to Diamond, Mortensen, and Pissarides. Josh has . . .
Does the Insider Trading Ban Apply to Congressional Staffers?
In a front-page article entitled Congress Staffers Gain from Trading in Stocks, the Wall Street Journal reports that “72 aides on both sides of the . . .
Nobel Speculation Time
Every year around this time, I repeat my prediction that Armen Alchian, Harold Demsetz, and Ben Klein will win the Nobel Prize for contributions to . . .
Misbehavioral Economics: The Case Against Behavioral Antitrust
In a policy speech earlier this year, Commissioner J. Thomas Rosch of the Federal Trade Commission advocating the incorporation of behavioral economics into antitrust analysis . . .
McDonald’s, Mini-Meds, and Medical Loss Ratios: What’s to come, and what can Sebelius do about it?
Yesterday, the Wall Street Journal ran an article entitled McDonald’s May Drop Health Plan. The article reported that “McDonald’s Corp. has warned federal regulators that . . .