Showing results for: “fama french”
Nobel Watch
We’re now very close to the Nobel announcement which is expected Monday morning. Tyler Cowen favors Williamson and Tirole because they might want “to bring it down to earth and also they might wish to choose a Frenchman.” Peter Klein favors a prize for organizational economics and, I have a hunch, favors Williamson. French and ... Nobel Watch
Predicting the Nobel Again …
Greg Mankiw and Tyler Cowen have started the speculation. Cowen prefers “Anne Krueger, Jagdish Bhagwati, and Gordon Tullock for their work on rent-seeking” but predicts a behavioral finance prize to Fama, Thaler & French or a prize for research on the principal-agent theory of the firm to Williamson and/or Tirole. Mankiw predicts Fama, Feldstein, or ... Predicting the Nobel Again …
Wright on Pasquale on TOTM on DRM
Frank Pasquale has taken the time to respond to my earlier post on the use of antitrust to tax consumers on the grounds of fairness or other vague criteria. I take the basic point of Frank’s post to be that I have engaged in unfair burden shifting by demanding a showing of consumer harm prior ... Wright on Pasquale on TOTM on DRM
Nobel Speculation and Some Very Casual Empiricism
With the Econ Nobel (or for those who feel better using the official label, the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel” … ) to be announced on Monday, the time is ripe for speculation. Greg Mankiw, Don Boudreaux, the WSJ, and Tyler Cowen have chimed in on the frontrunners. Cowen ... Nobel Speculation and Some Very Casual Empiricism
Barnett on Antitrust, IP, and Apple at the GMU Antitrust Symposium
Yesterday I had the pleasure of participating in a panel discussion on standards for single firm conduct in the United States and the EU at the George Mason Antitrust Symposium, which focused on antitrust issues in the global marketplace (and I might add, was put together quite nicely by the GMU Law Review folks). The ... Barnett on Antitrust, IP, and Apple at the GMU Antitrust Symposium
The Perils of Paternalism
According to Bar None, an op-ed by Jack Turner in today’s NYT, “history shows that, however commendable the reasoning, efforts to control how people drink — or eat, or smoke — tend to backfire.” I’ve made a similar argument in discussing smoking bans. Advocates of such bans (often citing the work of “norms scholars,” such ... The Perils of Paternalism
Paternalism and the iPod, Part Trois
The WSJ Law Blog reports (via this AP Report) that the French law allowing regulators to force Apple to make its iPod compatible with rival offerings went into effect Thursday. “Me too” regulatory movements are already underway in Britain, Norway, Sweden, Poland and Denmark. This, as Microsoft plans to introduce “Zune,” its entry into the ... Paternalism and the iPod, Part Trois
The Unconvincing Antitrust Case Against Wal-Mart
I recently picked up a copy of the July Harper’s Magazine to read an essay by Barry C. Lynn entitled, “Breaking the Chain: The Antitrust Case Against Wal-Mart.” If you can’t tell from the title, the basic point is that antitrust authorities should break up Wal-Mart and put an end to the immense havoc that ... The Unconvincing Antitrust Case Against Wal-Mart
What’s the Matter With Chicago?
When was my beloved City of Chicago – a refuge for such liberty lovers as Milton Friedman, Richard Epstein, and F.A. Hayek – overtaken by the Lifestyle Gestapo? First it was the smoking ban. Then, the ban on foie-gras. Now, the city’s most powerful alderman has proposed that the city ban the sale of foods ... What’s the Matter With Chicago?
