Showing results for: “Michael Vita”
Yet More Evidence Against the DOJ's Antitrust Plantings
A couple weeks ago, Geoff wrote concerning the DOJ’s misguided antitrust interest in Monsanto. With that in mind, I was very interested to see today’s announcement that Monsanto’s earnings and gross margins are significantly off for its fiscal first quarter. According to the Wall Street Journal report, Monsanto posted a loss for the quarter due ... Yet More Evidence Against the DOJ's Antitrust Plantings
Is Antitrust Too Complicated for Federalist Judges? Forthcoming In Journal of Law and Economics
I’m very pleased to report that my paper with Michael R. Baye (of the Kelley School of Business at Indiana University and formerly Director of the Bureau of Economics at the Federal Trade Commission), Is Antitrust Too Complicated For Generalist Judges: The Impact of Economic Complexity and Judicial Training on Appeals, has been accepted for ... Is Antitrust Too Complicated for Federalist Judges? Forthcoming In Journal of Law and Economics
Another Mis-step in Reactionary Regulation
Today’s Wall Street Journal reports that Senators Cantwell and McCain are preparing legislation to reinstate Glass-Steagall-type restrictions to create a “firewall” between commercial and investment banks. Apparently Rep. Hinchey is preparing a similar assault in the House. The purpose behind the proposal, according to Ms. Cantwell, is so that “banks will stop diverting resources to ... Another Mis-step in Reactionary Regulation
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 table, at least for the foreseeable future, perhaps it is not surprising that today the EPA announced it’s ruling that greenhouse gases are “a danger to public health and welfare“. ... EPA's Legislative End-run Strategy
The Incorporation Transparency Act
This post is based on a legal backgrounder I recently published with the Washington Legal Foundation, which is available here. This analysis is cross-posted from the Harvard Law School Forum on Corporate Governance and Financial Regulation. The Incorporation Transparency and Law Enforcement Assistance Act, introduced by Senators Levin, Grassley, and McCaskill and currently pending before the ... The Incorporation Transparency Act
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. Earlier this semester I received a call from a reporter for a nearby small-town newspaper. The DOJ had just announced its intent to hold a series of workshops jointly with the USDA to “explore ... DOJ Disconnect: Do we really need a roadshow?
Some Links
Larry Ribstein on exempting small firms from SOX Bernie Sanders’ “Too Big to Fail, Too Big to Exist” Bill (but see here) More Professor Birdthistle on Jones v. Harris Michael Ward on the economics of H1N1 (here, here and here) Lots of blogging on the meat market — but I’ve seen nobody discuss what I ... Some Links
Of Broken Windows and Broken Policy
Today the Obama administration announced with great pride that its economic stimulus plan created or saved about 650,000 jobs. “Thank goodness!” reads the subtext. If not for all those new and protected jobs, the unemployment numbers would be really bad! It appears no one in the administration’s economic advisory team has heard of Frédéric Bastiat. ... Of Broken Windows and Broken Policy
Welcome New TOTM Blogger Mike Sykuta
TOTM is extremely excited to announce the latest addition to our team, Mike Sykuta. Readers might know Mike from his guest blogging stints at Organization and Markets. Or perhaps making Brad DeLong’s Hall of Honor. Mike joins J.W. Verret as the second addition to blog in the last week, and we hope to announce some ... Welcome New TOTM Blogger Mike Sykuta
Response to Steve Salop on credit card antitrust
Steve’s post responding to me and Josh on antitrust exemptions and buyer cartels raised a number of interesting issues. A few points in response: 1. Constantine’s book is quite a measured look at the case (not). I love how he risked everything — everything! — for the case. He and the country’s other contingency fee ... Response to Steve Salop on credit card antitrust
The Economics of Judicial Salaries: Justice Roberts v. Judge Judy
A commentator observes that the salary disparity between Chief Justice Roberts (roughly $220,000) and Judge Judy (roughly $25 million) is the “result of markets” and asks the following question: “is there any reason to assume that simply because the market has delivered that outcome, that Judge Judy deserves to make 100 times more than Chief ... The Economics of Judicial Salaries: Justice Roberts v. Judge Judy
Georgetown L&E Workshop
Great workshop and excellent written and live questions on the “Is Antitrust Too Complicated for Generalist Judges” paper (with Michael Baye) from the students and attending faculty. Thanks to hosts Kathy Zeiler and Josh Teitelbaum. I’ve posted my slides here for interested readers.
