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Should Antitrust Education Be Mandatory (for Law Firm Recruiters and Law School Placement Directors)?
A few years back, my colleague Royce Barondes and I wrote an essay entitled Should Antitrust Education Be Mandatory (for Law School Administrators)? The essay, whose title was intended to be tongue-in-cheek, argued that the members of the Association of American Law Schools were engaged in an illegal conspiracy to limit competition for professor talent. ... Should Antitrust Education Be Mandatory (for Law Firm Recruiters and Law School Placement Directors)?
What caused the crisis?
Writing in the Wall Street Journal, Alan Greenspan, who was at the helm of the Fed during the relevant time period, tells us (surprise!) it wasn’t the Fed’s fault. Greenspan notes that short-term interest rates, which the Fed controls, are only loosely correlated with long-term interest rates, which are most relevant to real estate investing ... What caused the crisis?
The Environmental Responsibility of Business? Make Profit!
That’s the punchline of a recent paper by Pierre Desrochers (U Toronto). Pierre has written some interesting papers on a range of topics related to economic development, technological innovation, and the intersection of business and the environment. He argues that it is governmental (regulatory) failures that distort the environmental consequences of corporate behavior, not ... The Environmental Responsibility of Business? Make Profit!
An Interesting Patent Holdup Decision out of the Central District of CA: Vizio v. Funai
Readers may recall we highlighted the Vizio v. Funai complaint about a year ago, in large part because it involved antitrust and standard setting issues. The case involves allegations that Funai breached a FRAND commitment, and thus, is an important decision in the debate over the appropriate scope of Section 2 in cases involving alleged ... An Interesting Patent Holdup Decision out of the Central District of CA: Vizio v. Funai
Do motives matter?
I have the pleasure of co-leading a seminar this quarter with distinguished philosopher Brian Leiter. The seminar, entitled “Capitalism: For and Against,” (take a guess which side I’m on), meets periodically at either my home or Brian’s. About 12 students join us to discuss a reading. So far, we’ve read “A Communist Manifesto,” (how could ... Do motives matter?
Competition in agriculture redux (cross-posted)
Antitrust & Competition Policy Blog is hosting a symposium on Competition in Agriculture. Mike’s post from yesterday is available here. So far in the symposium there are also posts by Ron Cass (BU Law), Jeff Harrison (Florida Law), Peter Carstensen (Wisconsin Law), and Kyle Stiegert (Wisconsin Applied Econ). Additional posts should be forthcoming from ... Competition in agriculture redux (cross-posted)
Competition in Agriculture (cross-posted)
Antitrust & Competition Policy Blog is hosting a symposium on Competition in Agriculture. So far today, there are posts by Ron Cass (BU Law), Jeff Harrison (U of Florida Law), and me. Additional posts should be forthcoming from Christina Bohannan (U. Iowa Law), Scott Kieff (GW Law), Andrew Novakovic (Cornell Applied Economics), George Priest (Yale ... Competition in Agriculture (cross-posted)
A Defense of the Insurance Industry Antitrust Exemption?
The subject of antitrust exemptions has been an oft-discussed topic here at TOTM (see, e.g. here and here). In the latter of those two links I was somewhat critical of the DOJ for taking a neutral stance on the insurance industry exemption, which has now become rather wrapped up in the health care reform debate. ... A Defense of the Insurance Industry Antitrust Exemption?
Amazon vs. Macmillan: It's all about control
The Amazon vs. Macmillan controversy has been beaten to a pulp in the blogosphere. See Megan McArdle, John Scalzi, Joshua Gans, Virginia Postrel, Lynne Kiesling, Lynne Kielsing and Lynne Kiesling, among others. Pulp or no (get it? It’s a book/e-book pun), I haven’t seen anyone hit squarely on what I think is the crux of ... Amazon vs. Macmillan: It's all about control
Posner cites Wright
I’m sure it’s an honor just to be nominated. A recent opinion from Judge Posner cites our very own Josh Wright (Joshua D. Wright & Todd J. Zywicki, “Three Problematic Truths About the Consumer Financial Protection Agency Act of 2009,” Lombard Street, Sept. 14, 2009, available here) (by the way, the essay has drawn a ... Posner cites Wright
Brad DeLong is an ethics-free partisan ass
Steve Horwitz writes a short, lay piece on crowding out and job creation. Brad “smacks down” Steve Horowitz. Russ Roberts amplifies Horwitz with a nice point about the dangers of aggregation. David Henderson notes that Brad misses what Horwitz is really saying. Brad DeLong “smacks down” Steve Horwitz again, not acknowledging any of the criticisms. ... Brad DeLong is an ethics-free partisan ass
Wright’s Right on Posner
A couple of days ago, Josh wrote to correct the record on Judge Posner’s antitrust views. AAG Varney had implied that Posner has changed his views on antitrust and now favors a more interventionist antitrust policy. Josh helpfully pointed us to Posner’s own remarks, which do not support Ms. Varney’s “gloss.” Ms. Varney is not ... Wright’s Right on Posner
