The Chicago School’s weakening of antitrust law hurt the economy
Recent Items
Thursday, August 21, 2025
Antitrust in American History: Law, Institutions, and Economic Performance
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Legal, Market inefficiencies, Regulations and regulators, The dismal science
Posted by Yves Smith at 2:41 am | 6 Comments »
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.
Topics: Banana republic, CalPERS, Corporate governance, Private equity
Posted by Yves Smith at 10:13 am | 12 Comments »
Links 5/5/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 191 Comments »
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.
Topics: Banana republic, Guest Post, Income disparity, Legal, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 3:55 am | 6 Comments »
Links 5/4/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 180 Comments »
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.
Topics: Economic fundamentals, Guest Post, Investment outlook, Macroeconomic policy, Risk and risk management
Posted by Lambert Strether at 6:54 am | 67 Comments »
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.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Guest Post, Payment system, Politics, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 12:41 am | 14 Comments »
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.
Topics: Guest Post, Politics, Social values
Posted by Lambert Strether at 3:25 pm | 109 Comments »
2:00PM Water Cooler 5/3/2019
Today’s Water Cooler: Open thread.
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 117 Comments »
Some Problems with Treating Democracies as “Information Systems,” Starting with Voting and Ending with Money
Limitations of looking at democracy as in information system.
Topics: Guest Post, Politics, Technology and innovation
Posted by Lambert Strether at 11:55 am | 15 Comments »
Links 5/3/19
Topics: Links
Posted by Lambert Strether at 6:55 am | 213 Comments »
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.
Topics: Health care, Politics
Posted by Lambert Strether at 6:45 am | 48 Comments »
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.
Topics: Africa, Guest Post, Middle East
Posted by Lambert Strether at 6:25 am | 8 Comments »
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
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 179 Comments »
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.
Topics: Banana republic, Doomsday scenarios, Environment, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 1:55 pm | 43 Comments »