The Archives

The collection of all scholarly commentary on law, economics, and more

Showing results for:  “Das neueste AI-900, nützliche und praktische AI-900 pass4sure Trainingsmaterial 🌇 Öffnen Sie die Webseite ⮆ www.itzert.com ⮄ und suchen Sie nach kostenloser Download von ( AI-900 ) ⚓AI-900 Deutsch Prüfungsfragen”

China

There are many stories about unrest in China.  Many factors are blamed for this unrest, including low wages, poor working conditions, and political factors.  But there is one thing that is not generally mentioned:  demographics.  The one child policy coupled with a preference for males (due to both economic and cultural factors) means that there ... China

The return of privlic equity

It’s been over four years since the heyday of the last boom when I first discussed what I called “privlic equity” in an article about Blackstone’s proposed IPO. So here we are post-bust, and according to the WSJ, they’re baack: Apollo Global Management LLC became a public company in late March. Last year, KKR & ... The return of privlic equity

New York and the market for marriage law

NY’s decision to fully legalize same sex marriage (here’s a useful news roundup) can be seen among many other things as a demonstration of legal evolution in our federal system. For some background on marriage and the market for law see Buckley and Ribstein (published 2001 Illinois Law Review 561), Ribstein 2005, and O’Hara & ... New York and the market for marriage law

Disclosures

All of the material on our blog is the pure intellectual output of its author. It isn’t hard to tell, from a few quick searches or reads of our academic work, that we have all developed, over long periods of time, our approaches to the issues we discuss and the set of priors (we hope ... Disclosures

Ralph Nader, investor

So how is Ralph Nader, the former scourge of GM and all things corporate, doing with his retirement fund?  The WSJ takes a peak: In 2000, his Cisco stake was valued at $1 million, about one-third of his $3 million portfolio. As Cisco’s share price swooned in the years that followed, it has represented a ... Ralph Nader, investor

The FTC Makes its Google Investigation Official, Now What?

No surprise here.  The WSJ announced it was coming yesterday, and today Google publicly acknowledged that it has received subpoenas related to the Commission’s investigation.  Amit Singhal of Google acknowledged the FTC subpoenas at the Google Public Policy Blog: At Google, we’ve always focused on putting the user first. We aim to provide relevant answers ... The FTC Makes its Google Investigation Official, Now What?

The secret of Wachtell’s success

The WSJ on the occasion of Martin Lipton’s 80th birthday, discusses the man and his firm. On Wachtell’s structure, the article notes that Wachtell “has become one of the world’s most profitable and best-known legal brands under Mr. Lipton’s management,” that it charges “by the case, rather than by the hour,” that the firm’s “primary ... The secret of Wachtell’s success

Cassandra, the Fear of Overregulation, and the CFPB

In the Huffington Post, Marcus Baram warns against those who claim to be concerned about over-regulation on Wall Street and in the consumer protection sphere.  Baram writes: Today, Wall Street is again on the attack against a regulatory overhaul that includes more stringent investor and consumer protections. Though the financial landscape is far different and ... Cassandra, the Fear of Overregulation, and the CFPB

Debiasing: Firms Versus Administrative Agencies

Daniel Kahnemann and co-authors discuss, in the most recent issue of the Harvard Business Review (HT: Brian McCann), various strategies for debiasing individual decisions that impact firm performance.  Much of the advice boils down to more conscious deliberation about decisions, incorporating awareness that individuals can be biased into firm-level decisions, and subjecting decisions to more ... Debiasing: Firms Versus Administrative Agencies

Predatory Output Reduction?

The conventional predation claim involves a monopolist reducing price and increasing output.  Here’s a creative theory involving a claim that a decision to close down factories injures competition: A federal judge in Texas is hearing testimony from farmers who contend that poultry producer Pilgrim’s Pride closed plants and ran them out of business to manipulate ... Predatory Output Reduction?

Cheap Donuts, Expensive Broccoli and Soda Taxes

David Leonhardt’s NY Times column laments the fact that the price of healthful foods has increased relative to unhealthful foods.   He presents this useful chart: The fact that relative prices have changed is often invoked in support of various “fat taxes,” e.g. consider the recent salvo of proposed soda taxes (For example, here and here).   ... Cheap Donuts, Expensive Broccoli and Soda Taxes

Brantley and its Implications for the Proposed Consumer Choice Antitrust Standard

Thom‘s excellent post highlights the Ninth Circuit’s recent decision in Brantley and describes its implications both in terms of rejecting Professor Elhauge’s claim that metering ties and mere surplus extraction amount to competitive harm for the purposes of antitrust and also for the future of the quasi-per se rule of tying.   Thom, in my view ... Brantley and its Implications for the Proposed Consumer Choice Antitrust Standard