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I, Introduction
The field of antitrust and industrial economics is one of the last
bastions of the economics profession to be untouched by the public
choice revolution. Economic analysis in this ar...
Economists have generally assumed that the intention of the antitrust
laws is to increase economic efficiency. Many observers, however,
have noted that the antitrust laws are applied inconsistently
...
ANTITRUST AND INSURANCE：SHOULD THE MCCARRAN ACT BE REPEALED?
ANTITRUST INSURANCE MCCARRAN ACT
2008/12/3
The McCarran-Ferguson Act (PL-15) passed in 1945 exempts the
state-regulated property-casualty (P/C) insurance industry from
important sections of the federal antitrust laws. There are a number
of ...
ON THE ORIGINS OF THE SHERMAN ANTITRUST ACT
SHERMAN ANTITRUST ACT Textbook Interpretation Conventional Wisdom
2008/12/2
A “Cynical” Interpretation of the Sherman Act
This year is the 100th anniversary of one of the most famous (or
infamous depending on perspective) statutes in U.S. history: the
Sherman Antitrust Act...
ANTITRUST AND REGULATION： CHICAGO’S CONTRADICTORY VIEWS
ANTITRUST REGULATION CONTRADICTORY VIEWS
2008/11/25
ANTITRUST AND REGULATION： CHICAGO’S CONTRADICTORY VIEWS。
THE WAR ON DRUGS AS ANTITRUST REGULATION。
REGULATORY UNCERTAINTY AND INVESTMENT：EVIDENCE FROM ANTITRUST ENFORCEMENT
INVESTMENT ANTITRUST ENFORCEMENT Business Investment
2008/11/12
What Explains Changes in Business Investment?
Business investment is volatile and hard to explain. Factors that
should affect investment as a matter of theory have little influence in
practice, and...