Business & Industry
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Antitrust Policy and Artificial Intelligence: Some Neglected Issues
Jun 10, 2024
An ensemble of mechanisms enables cloud hegemons (Microsoft, Google, Amazon) to plan the whole AI knowledge and innovation network by weaponizing interdependence in networks.
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Turin Festival of Economics 2024
ConferenceMay 30–Jun 2, 2024
Who owns knowledge?
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Industrial Policy Is a Good Idea, but So Far We Don’t Have One
Apr 19, 2024
The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.
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How GM’s $10-Billion Buyback May Ice Its EV Transition
Dec 18, 2023
Reindustrialization vs Financialization
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Antitrust Enforcement in the Crosshairs
Oct 6, 2023
Post-Chicago Economists vs. New Brandeisians on the New Merger Guidelines
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What the UAW and Everyone Else Need to Know About CEO Pay
Oct 2, 2023
What is GM CEO Mary Barra’s take-home pay? (It’s more than you are being told)
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Everyone Versus Google: Will Big Tech Be Held Accountable?
Sep 28, 2023
The tech giant is in the hot seat, but it’s going to be a “big fight,” warns antitrust expert Mark Glick.
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The Lehman Disaster and Why It Matters Today
Sep 13, 2023
On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.
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How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
Sep 11, 2023
New technologies are not the problem. It’s a system distorted by a flawed ideology.
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Postscript: A Further Look at ProMarket’s Economics
Sep 8, 2023
ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*
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The Mythology of Horizontal Merger Efficiencies
Aug 31, 2023
Economists had to distort economic theory to fashion their merger “efficiency” arguments
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Working Paper
The Horizontal Merger Efficiency Fallacy
Aug 2023
By permitting business definitions of “efficiency” to leak over into the antitrust lexicon, antitrust scholars have done a great disservice
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The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Aug 21, 2023
Stock buybacks as a mode of predatory value extraction
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Now You See It, Now You Don’t: Antitrust Arguments “Chicago Style”
Aug 17, 2023
ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.
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A New Approach for Estimating Firm-Level Cyber-Risk Exposure
May 22, 2023
Using computational linguistics to estimate firm-level cyber risk exposure based on quarterly earnings conference calls.