New Brandesians oppose the flawed mainstream antitrust “consumer welfare” theory. A social welfare standard would be even better
Recent Items
Monday, March 10, 2025
Rebooting Antitrust’s Economic Theory to Focus on Social Welfare
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, The destruction of the middle class, The dismal science
Posted by Yves Smith at 4:57 am | 2 Comments »
2:00PM Water Cooler 12/16/2024
~ Today’s Water Cooler: Politics, syndemics; DOGE; Kamala’s future. If any; The state of tech: like industrial chemical accident; Covid wastewater: Good news ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 65 Comments »
Misperceptions and Demand For Democracy under Authoritarianism
Addressing misperceptions may lead to greater public demand for democracy, suggesting that accurate information campaigns could help challenge authoritarian narratives.
Topics: Guest Post
Posted by Lambert Strether at 12:27 pm | 14 Comments »
Links 12/16/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 134 Comments »
The US Is Left Out in the Cold as China and Russia Develop Arctic
RAND proposes familiar blunders to deal with rival powers’ partnership — one that Washington helped instigate.
Topics: China, Commodities, Energy markets, Guest Post, Russia
Posted by Conor Gallagher at 6:00 am | 28 Comments »
Zeitgeist Watch: Wall Street Journal Readers Criticize Article Defending Illegal Immigration Because Employers
Presumed pro-business Wall Street Journal readers are largely unsympathetic to employers pleading to keep temporary visa staffers.
Topics: Free markets and their discontents, Globalization, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:54 am | 22 Comments »
Why Population Aging Demands Looking Beyond Chronological Age
Experts are trying to get a handle on biological aging of the population, as opposed to calendar ages. But are the methods all that good?
Topics: Dubious statistics, Guest Post, Health care, Social policy
Posted by Yves Smith at 4:44 am | 17 Comments »
Game of Drones: “Watch the Skies!”
Several theories for the rash of drone sightings in New Jersey
Topics: Curiousities, Doomsday scenarios, Guest Post, Politics, Surveillance state
Posted by Lambert Strether at 4:55 pm | 67 Comments »
Toxic ‘Forever Chemicals’ Taint Rural California Drinking Water, Far From Known Sources
Lambert here: “Sap and impurify all of our precious bodily fluids.” By Hannah Norman, video producer and visual reporter, who joined KFF Health News after covering health care for the San Francisco Business Times. Previously, she was a fellow at AtlanticLIVE, The Atlantic’s event branch. Originally published at KFF Health News. Juana Valle never imagined […]
Topics: Guest Post
Posted by Lambert Strether at 6:50 am | 18 Comments »
Links 12/14/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 308 Comments »
Tom Neuburger: The Media’s Bizarre Treatment of the Mangione Case
The press hesitates to fully report the alleged Mangione murder. Class interests at work?
Topics: Guest Post, Health care, Media watch, Politics
Posted by Yves Smith at 5:40 am | 91 Comments »
The Democratic Party Faces Its Day of Reckoning
A good recap of how the Democratic Party sold out the working class to become the fake opposition. But what comes next?
Topics: Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 4:28 am | 95 Comments »
2:00PM Water Cooler 12/13/2024
~ Today’s Water Cooler: Politics, syndemics; RFK, Trump, and vax; Covid “viral reservoir” theory recieves support; Where oil profits went; New Covid charts: Good news, but positivity uptick ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 124 Comments »
NYC Mayor Adams Trying to Wriggle Free from Sanctuary City Restrictions; Has “Same Desire” as Trump Border Czar
NYC Mayor Adams will work with the Trump Administration to remove illegal aliens who have committed crimes. What about sanctuary city laws?
Topics: Globalization, Guest Post, Income disparity, Legal, Politics, The destruction of the middle class
Posted by Yves Smith at 10:02 am | 10 Comments »