Thursday, August 21, 2025

Antitrust in American History: Law, Institutions, and Economic Performance

The Chicago School’s weakening of antitrust law hurt the economy

Good Riddance to CalPERS’ Bill Slaton; Board Changes May (Finally) Lead to Staff Serving Beneficiaries, Not Its Own Interests

Why beneficiaries and California taxpayers should welcome Lisa Middleton replacing Bill Slaton on the CalPERS board.

Links 5/5/19

Bill Black: Thousands Die, Millions Injured on the Job, and No Businesses Prosecuted

Bill Black describes how OSHA’s few underfunded inspectors can’t do their jobs, and prosecutors don’t prosecute businesses for non-compliance.

Links 5/4/19

The Next US Recession Is Likely to Be Around the Corner

Business economists argue that the length of an expansion is a good indicator of when a recession will hit.

Yes, the Tech Giants Are a Big Problem—But the Untamed Finance Industry Could Still Blow Up the Economy

Why finance, broadly defined, is still a hazard to the US economy.

Lessons about White Privilege, Social Liberal Backlash, and Trump 2.0

Among social (and not economic) liberals, White privilege lessons may increase beliefs that poor White people have failed to take advantage of their racial privilege—leading to negative social evaluations.

2:00PM Water Cooler 5/3/2019

Today’s Water Cooler: Open thread.

Some Problems with Treating Democracies as “Information Systems,” Starting with Voting and Ending with Money

Limitations of looking at democracy as in information system.

Links 5/3/19

Rep Jayapal and Sen Sanders Have Introduced Medicare For All Bills: One Is a Lot Better Than the Other

Explains the differences in the cost containment sections of the HR1384 (Jayapal) and S1129 (Sanders), and calls upon Senator Sanders to correct two defects in his bill that minimize its ability to reduce costs.

Spring Stirrings and Misgivings: Of Autocrats and Uprisings in the Middle East and North Africa

This spring, eight years later, there has been a new set of popular uprisings in northern Africa, from Algeria to Morocco, to Sudan. Let’s hope they have more lasting success than Egypt’s Arab Spring.

2:00PM Water Cooler 5/2/2019

Today’s Water Cooler: Bennet (new), Festival of Biden, Buttigieg, Gabbard, Sanders, Yang, electability, Mueller report, factory orders, productivity, employment situation, Tesla, Amazon, Boeing, lithium batteries, the Fed, amother college admission scam, freelancers and unions, Uber strike, the workbench

EPA Says Glyphosate Is Safe, But Lawsuits Loom and Bayer’s Woes Mount

Despite the EPA’s recent insistence glyphosate is “safe”, Bayer faces a many problems related to Roundup legal risk.