Antitrust at the Agencies: Meta Analysis Edition

The memorandum and order in FTC v. Meta Platforms Inc. that U.S. District Court Judge James E. Boasberg filed Nov. 18, ruling in favor of Meta, has now been followed by a Dec. 2 revised order that contained fewer redactions. The memorandum doesn’t exactly provide the law & economics analysis I would have produced, had…

Antitrust at the Agencies: Meta Analysis Edition

Three Royal Societies abandon their mission to promote global and universalist science

A Kiwi who wishes to remain anonymous (of course) sent me this link to an announcement of a meeting of three Royal (Scientific) Societies: those of New Zealand, Australia, and Canada. The screenshot below also links to two other short documents, a communiqué and a statement by the Presidents of all three Societies. The object…

Three Royal Societies abandon their mission to promote global and universalist science

Supreme Court should not let climate lawfare set US energy policy

Let’s hope the Supreme Court agrees that Boulder’s lawsuit is an excellent opportunity to terminate frivolous climate lawfare, expand on the guidance it provided in these two previous cases – and end attempts by climate activists to impose destructive national policies through local and state courts.

Supreme Court should not let climate lawfare set US energy policy

Climate Doomsday Prophecy Peddled By Academia Retracted In Disgrace

A widely-referenced 2024 study that predicted massive global economic damages due to climate change has now been retracted, The New York Times (NYT) reported on Wednesday.

Climate Doomsday Prophecy Peddled By Academia Retracted In Disgrace

Metrics, Markets, and Merger Scrutiny: A Netflix-WBD Combination

This morning’s announced merger between Netflix and Warner Bros. Discovery (WBD) would create a global media company of unprecedented scale. The transaction will also almost certainly attract scrutiny from antitrust regulators—most likely the U.S. Justice Department (DOJ) Antitrust Division, rather than the Federal Trade Commission (FTC). The deal would offer a direct test of the…

Metrics, Markets, and Merger Scrutiny: A Netflix-WBD Combination

Medicaid: What It Has Become

As Craig Garthwaite and Timothy Layton point out: “Originally a small, inexpensive safety-net program, Medicaid has grown into a major national health-insurance provider, covering nearly one in four Americans and more people than the public health insurance programs of the United Kingdom, Germany, or France.” They review the program and offer some recommendations in “Coverage Isn’t…

Medicaid: What It Has Become

Political pressure on the Fed

From a forthcoming paper by Thomas Drechsel: This paper combines new data and a narrative approach to identify variation in political pressure on the Federal Reserve. From archival records, I build a data set of personal interactions between U.S. Presidents and Fed officials between 1933 and 2016. Since personal interactions do not necessarily reflect political…

Political pressure on the Fed

My Econoboi Poverty Debate vs. Matt Bruenig

Tomorrow at 2 PM ET, I’ll be debating “What is the best policy response to poverty?” versus Matt Bruenig. Venue: Econoboi channel P.S. You might recall that… 9 more words

My Econoboi Poverty Debate vs. Matt Bruenig

It is Time to End Our Sedition Addiction

Below is my column in USA Today on the revival of sedition as a speech crime in the United States.…

It is Time to End Our Sedition Addiction

Why didn’t the border states join the confederacy? (Short Animated Docum…

US Poverty and Policy

The US economy is the largest in the world, and at least among the large-population countries of the world (setting aside smaller economies strongly influenced by international capital flows like Monaco, Cayman Islands, and Ireland or by oil resources), it also has the highest per capita GDP. But at the same time, according to the…

US Poverty and Policy

*FDR: A New Political Life*

From historian David T. Beito, here is one excerpt: FDR gave unquestioning support to President Wilson’s crackdown on free speech during World War I, including his enforcement of the Sedition and Espionage Acts.  According to Kenneth S. Davis, Roosevelt “went along with prevailing trends in the realm of the national spirit, uninhibited by any strong…

*FDR: A New Political Life*

“Fight Fiercely Harvard”: Harvard Club of New York Cancels Dershowitz Book Event

The Harvard Club of New York is being accused of censorship after abruptly cancelling a book event featuring famed Harvard…

“Fight Fiercely Harvard”: Harvard Club of New York Cancels Dershowitz Book Event

Guest Post: The Peasants are Revolting

A guest post by Peter Lynn: Over the last 30 years, state sectors of Western democracies have expanded and senior level state employment, with its high pay, security and access to the levers of power became a magnet for the academically gifted, especially independence minded younger women.  University educated they initially moved into ministries before…

Guest Post: The Peasants are Revolting

Bill Maher on how socialism is tainting the Democratic party

This week’s comedy-and-news segment of Bill Maher’s “Real Time” explains why the creeping socialism of Democrats is good—but for Republicans. who wil exploit it to the max in attack ads. (We now have a socialist mayor of both NYC and Seattle.)  Maher quotes Virginia’s new Democratic governor, Abigail Spanberger, saying that “If the party doesn’t…

Bill Maher on how socialism is tainting the Democratic party

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