Managing Director @ Econ One | Adjunct Prof @MSBGU | Antitrust Enforcement Award (Econ) by @AntitrustInst 2018 | Warning: Account might trigger libertarians
Please take 21 minutes of your day to listen to this fantastic @OTMBrooke interview of @NaomiOreskes about The Big Myth, which explores the propaganda machine behind neoliberalism, and the corporate funding of scholarship at the University of Chicago.
Bill Clinton stripped antitrust out of the Democratic platform, the first time monopoly was not referenced in the platform since 1880, per @matthewstoller. Biden’s SOTU was a repudiation of those neoliberal (pro-monopoly) values. Kudos to @sarahmillerdc for such a great piece.
Wonderful piece by @BCAppelbaum, but let me offer a more direct answer: Many (not all) of the regulators from prior admins went to work for the law firms peddling these anticompetitive deals. The revolving-door hypothesis is more compelling than regulators-are-naive alternative.
Matt correctly blames the consumer welfare standard (CWS) in this excellent piece on the Obama antitrust enforcers’ failures to rein in Ticketmaster. Let me suggest one more: CWS had a hard time accommodating harms to input providers (artists and music venues). Give it a read!
this is a great labor day piece, particularly the synopsis of thomas frank's "listen, liberal." one could draw a straight neoliberal line from (kennedy adviser) dutton to summers/furman, marking the abandonment of blue-collar union workers by the democrats
Also go read the entire essay by @delong for a good history of inflation
