Lightnews — Scholar-powered news

Noel Murray @noelmu.bsky.social · Jan 14

Made this a gift-link because this story is equal parts fascinating and maddening. The key detail to note: Big companies are letting unvetted scamsters generate revenue for them. www.nytimes.com/2024/01/13/b...

Their Songs Were Stolen by Phantom Artists. They Couldn’t Get Them Back.

Bad Dog, a group from D.C., was forced to take a crash course in streaming fraud, a shadowy realm that costs musicians $2 billion a year.

www.nytimes.com

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Steve Salop @stevesalop.bsky.social · Jan 16

Maybe the Biden Antitrusters are moving the Overton Window. In blocking the Jet Blue/Spirit merger, the judge referred to JB "gobbling up" Spirit . 1/2

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Ashley Craig @ashcraig.bsky.social · Sep 23

I’m Ash, a public and labor economist. I love tax (studying, not paying). Also education & crime.

A few months ago, I joined ANU’s Research School of Economics. Before that, U Michigan.

My hobbies used to be travelling, learning languages, good food & craft beer. But then I had kids. 😅

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Steve Salop @stevesalop.bsky.social · Jan 20

Ethical Rules for Economists-1
(Please expand) .
1. Avoid Pareto Inferior outcomes.
2. Don't create or threaten negative externalities.
3. Minimize unavoidable negative externalities; compensate where appropriate.
4. Don't exploit decision-making flaws of lower income - vulnerable consumers

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Justin Tyndall @justintyndall.bsky.social · Jan 22

My new paper, The effect of front-end vehicle height on pedestrian death risk, was just published at #Economics of #Transportation. I use vehicle design measurements to test for the effect of taller vehicles on pedestrian outcomes in crashes. www.sciencedirect.com/science/arti...

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Eileen Clancy 🧿 @clancyny.bsky.social · Jan 29

Blockbuster story from AP – prison labor powers the biggest brands in the U.S. food business and fast food chains. Target, Walmart, Aldi, Burger King are involved and many more. Two years of reporting by the Pulitzer-winning team of Robin McDowell and Margie Mason.

Prisoners in the US are part of a hidden workforce linked to hundreds of popular food brands

In a sweeping two-year investigation, The Associated Press found goods linked to prisoners wind up in the supply chains of everything from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal fl...

apnews.com

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Philip Bump @pbump.com · Mar 16

In May, Democrats were a lot more likely than Republicans to say the other party’s candidate was too corrupt to be president. Now there’s no difference.

Analysis | Partisans are equally likely to say the other candidate is ‘too corrupt’

The big shifts in concerns about the candidates since May are driven by Republicans.

www.washingtonpost.com

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Mark Lemley @marklemley.bsky.social · Jan 9

My paper "Free the Market: How We Can Save Capitalism from the Capitalists" is now published in the UC Law Journal. I argue that capitalists do everything in their power to prevent competition and market transparency and that we have indulged them too long

www.hastingslawjournal.org/free-the-mar...

Free the Market: How We Can Save Capitalism from the Capitalists | UC Law Journal

www.hastingslawjournal.org

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ProMarket @promarket.bsky.social · Feb 7

NEW: @stevesalop.bsky.social (@georgetownlaw.bsky.social) explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach - ProMarket

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

www.promarket.org

Mark Cuban @mcuban.bsky.social · Feb 9

This is the most relevant article to NIH and research cuts I’ve seen.

Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !”

globalnews.ca/news/9793403...

How a Canadian scientist and a venomous lizard helped pave the way for Ozempic - National | Globalnews.ca

In 1984, Dr. Daniel Drucker, an endocrinologist from the University of Toronto, discovered a hormone that helped pave the way for popular diabetes drugs such as Ozempic.

globalnews.ca

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Prof Ann Lopez @drannlopez.bsky.social · Feb 9

#BlackHistoryMonth

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Steve Salop @stevesalop.bsky.social · Feb 8

I’d appreciate comments. Will RPGs be next?

ProMarket @promarket.bsky.social · Feb 7

NEW: @stevesalop.bsky.social (@georgetownlaw.bsky.social) explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach - ProMarket

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

www.promarket.org

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Steve Salop @stevesalop.bsky.social · Feb 8

Here is a link to my new article on the raising rivals cost approach to the Robinson Patman Act. www.promarket.org/category/the...

Antitrust and Competition Archives - ProMarket

A key distinction in economic viewpoints that goes oft-unnoticed is between pro-business and pro-market. A good bellwether to where someone stands on the pro-business/market continuum is his/her stanc...

www.promarket.org

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Steve Salop @stevesalop.bsky.social · Feb 3

Proud of my congressman Jamie Raskin. m.youtube.com/watch?v=Xo3P...

Jamie Raskin challenges DOGE, Elon Musk; fight over USAID shutdown by President Donald Trump begins

YouTube video by Austin American-Statesman

m.youtube.com

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Steve Salop @stevesalop.bsky.social · Jan 26

The history of the Internet

youtu.be/Ko8Pz4Y-tYo

Most Popular Websites 1995 - 2023

YouTube video by Data Is Beautiful

youtu.be

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Steve Salop @stevesalop.bsky.social · Jan 19

Creating chaos is his brand

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Steve Salop @stevesalop.bsky.social · Jan 9

Must read article by Mark Lemley

Mark Lemley @marklemley.bsky.social · Jan 9

My paper "Free the Market: How We Can Save Capitalism from the Capitalists" is now published in the UC Law Journal. I argue that capitalists do everything in their power to prevent competition and market transparency and that we have indulged them too long

www.hastingslawjournal.org/free-the-mar...

Free the Market: How We Can Save Capitalism from the Capitalists | UC Law Journal

www.hastingslawjournal.org

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Steve Salop @stevesalop.bsky.social · Jan 9

It sounded like the FTC trial team did not think they had enough time. And on the webinar today, it sounded like they did not have the resources for experts. But given that, they probably should’ve dropped the count.

like the way the DOJ should’ve dropped AT&T/TW when they drew Judge Leon.

Eric Posner @ericposner.bsky.social · Dec 11

@superwuster.bsky.social @stevesalop.bsky.social @sherman1890.bsky.social The FTC really botched the labor market analysis. The court was sympathetic to their approach and accepted the market definition but complained that it was not supplied with modeling or data, not even HHIs.

Eric Posner @ericposner.bsky.social · Dec 11

@superwuster.bsky.social @stevesalop.bsky.social @sherman1890.bsky.social The FTC really botched the labor market analysis. The court was sympathetic to their approach and accepted the market definition but complained that it was not supplied with modeling or data, not even HHIs.

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Steve Salop @stevesalop.bsky.social · Apr 22

It’s too bad there’s not a small tax on emails to reduce the profitability of this type of scamming spam

Steve Salop @stevesalop.bsky.social · Apr 6

I think that greater emphasis on refusing to justify anti-competitive effects on workers with benefits to downstream consumers is new. Regardless of whether it ever existed in the past.

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Steve Salop @stevesalop.bsky.social · Mar 16

Frog mating weekend

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Steve Salop @stevesalop.bsky.social · Mar 16

Does this mean that there is going to be an attempted coup either way? Or at least riots

Philip Bump @pbump.com · Mar 16

In May, Democrats were a lot more likely than Republicans to say the other party’s candidate was too corrupt to be president. Now there’s no difference.

Analysis | Partisans are equally likely to say the other candidate is ‘too corrupt’

The big shifts in concerns about the candidates since May are driven by Republicans.

www.washingtonpost.com

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Steve Salop @stevesalop.bsky.social · Mar 14

Or given your field, if Boeing were to be acquired by Lockheed Martin

Steve Salop @stevesalop.bsky.social · Mar 14

Yes. Or if Boeing wanted to acquire a jet engine producer or helicopter producer, or vice versa

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Steve Salop @stevesalop.bsky.social · Mar 14

For What Its Worth — it is forcing them to sell it, not shut it down. And whileI don’t really know anything about it, isn’t it possible that they are collecting sensitive data for the Chinese government? If people don’t trust musk , why trust them?

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Steve Salop @stevesalop.bsky.social · Mar 13

Yes. Duopoly. But where is the antitrust issue? Incompetence by itself does not violate the FTC Act.

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Steve Salop @stevesalop.bsky.social · Mar 7

Important study.

www.nytimes.com/2024/03/06/h...

Steve Salop @stevesalop.bsky.social · Mar 7

If every older Democrat successfully explains to a younger person that retaining democracy by electing Biden is essential, then it will be. Trump is more entertaining but detention camps and revitalized Russia power will not be.

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ProMarket @promarket.bsky.social · Mar 6

NEW: Critics of the Federal Trade Commission’s lawsuit last week to block the Kroger-Albertsons #merger claim that the agency incorrectly limits the relevant buyer-side market to unionized #grocery workers. @stevesalop.bsky.social argues that the critics are wrong: www.promarket.org/2024/03/06/t...

The Purchase of Unionized Labor Is a Relevant Buyer-Side Market in the Kroger-Albertsons Merger - ProMarket

Critics of the Federal Trade Commission’s lawsuit last week to block the Kroger-Albertsons merger claim that the agency incorrectly limits the relevant buyer-side market to unionized grocery workers. ...

www.promarket.org

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