Rebooting Antitrust’s Normative Economic Theory
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.
Welfare economists and moral philosophers have shown that the Consumer Welfare Standard is biased in favor of wealthy individuals and corporations—the very powers the antitrust law is supposed to regulate.
Dr. Victor Gurewich, a researcher and Harvard Medical School faculty member since 1965, discovered a breakthrough drug treatment for heart attacks and strokes with the potential to save millions, but institutional resistance and a U.S. healthcare system that puts profits over patients are keeping it out of reach.
Chest tightness. Arm pain. Panic. The warning signs hit hard, and for a moment, the thought of a heart attack is no longer just a fear—it’s happening.
The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.
NY Times (12/1/2024) & Rolling Stone
What Japan, the US, and Europe have in common is growing popular anger over the economy despite high stock prices and low unemployment.
Why ruling parties were defeated in US and Japanese elections
The firehose of affluent consumption continues to drive inflation, not the stimulus package
It must be the Wall Street Journal’s DNA. Nothing else easily explains why the normally careful Nick Timiraos would focus so much of his account of “How the Democrats Blew It on Inflation” on the hoary argument that the “Biden Stimulus” somehow triggered worldwide inflation back in 2021.
Earlier investments make large-scale emission reductions easier to do over time because their unit costs drop
Everyone recognizes that the costs of automobiles, washers, jet planes, and hundreds of other products usually drop with mass production. Most products get cheaper when they stream out of workplaces not by the dozens, but by the tens of thousands, or even millions.
Lincoln Mitchell, Political Science Professor at Columbia University, discusses the increasingly powerful fascist movement in the US., outlining the elements of fascism present in the MAGA movement, including its dependence on a strongman leader, the scapegoating of minorities, threats of violence and curtailing of freedoms of speech and assembly.
Audio