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Antitrust Basics: Think Long Term, Not Just Short Term
Moore’s Law states that computing power doubles every year and a half or so. An antitrust case against IBM, by contrast, lasted for 13 years,…
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Antitrust Basics: Corruption and Rent-Seeking
Rent-seeking is economics jargon for chasing after unfair special favors from government. Businesses and individuals have a large menu of rent-seeking options to choose from,…
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This Week in Ridiculous Regulations
Last week was the Federal Register’s busiest of the year, with its 3,075 pages almost tripling a normal week’s count. A new economically significant regulation…
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This Week in Ridiculous Regulations
Rumblings of a “Navarro recession” are growing louder, and the 2019 Federal Register will likely crack the 40,000-page mark early this week. Rulemaking agencies published…
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This Week in Ridiculous Regulations
In a pre-recess Parthian shot, the Senate passed a massive new spending bill that would increase federal spending by $320 billion over two years and…
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This Week in Ridiculous Regulations
Congress has adjourned for its August recess, so the republic is safe for another month. Rulemaking agencies are still on the job, however, and published…