Hal Singer
@halsinger.bsky.social
1.5K followers 330 following 76 posts
Economist, Dish washer, Jogger
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halsinger.bsky.social
I am on a mission to get the business press to stop blaming consumers for industrywide price hikes, and instead look at the companies actually setting prices. Or in the case of Vegas hotels, companies turning over their pricing decisions to a common pricing agent.

www.thesling.org/why-did-hote...
Why Did Hotel Rates Surge in Vegas? (Hint: It’s Wasn’t the Demand) - The Sling
If I had a dollar for every New York Times business story that attributed an industry-wide price hike in the post-Covid era to an outward shift in demand—that is, a story that blamed consumers for hig...
www.thesling.org
Reposted by Hal Singer
wagesofwins.bsky.social
Wrote this for the New York Times today (hope this link works!)

W.N.B.A. is doing immensely well! Time to pay the players!!

Thanks to Sara Chodosh for asking me to write this (helping with the writing) and making the cool graphics!!

urldefense.com/v3/__https:/...
Opinion | The W.N.B.A. Is Making More Money Than Ever. Why Aren’t the Players? (Gift Article)
Other professional sports leagues give their players roughly 50 percent of the revenue, but the W.N.B.A. players get less than 10 percent.
urldefense.com
halsinger.bsky.social
Had the pleasure to speak on Voices of Montana today about the harms of consolidation generally & the pending UP-Norfolk Southern railroad merger in particular. If you’re following this case, or just curious about how the merger will be evaluated, go check it out!
voicesofmontana.com/podcast/what...
What could a proposed Rail Merger mean for Shippers in Montana? - Voices of Montana
What Could a Proposed Rail Merger Mean for Shippers in Montana? Join guest host Steve Arveschouh for an insightful discussion on how the potential merger between two of the top six Class 1 rail transp...
voicesofmontana.com
Reposted by Hal Singer
bryce-tuttle.com
DDC Judge Sooknanan rightfully blocked the FTC’s CID to @mmfa.bsky.social as unconstitutional. The opinion is worth a read ecf.dcd.uscourts.gov/cgi-bin/show...
Reposted by Hal Singer
theslingutah.bsky.social
Darren Bush writes about the history of the Tunney Act. And while not all of the cases are in the DC Circuit, the vast majority are, and other circuits rely on DC Circuit caselaw and experience.

Only one Tunney Act consent decree rejection. Ever.

www.thesling.org/no-the-tunne...
No, The Tunney Act Won’t Save Democracy - The Sling
Is there a problem with Paramount making a major settlement with Trump and firing Colbert and then having its merger with Skydance approved? We’ll never know, because the courts will only review the c...
www.thesling.org
halsinger.bsky.social
Will give it a read!
halsinger.bsky.social
Warning: To prebut arguments from defenders of price-discrimination, I used figures and basic welfare concepts. Apologies in advance.

Delta’s execs told us this month that the AI-based strategy is *increasing* unit revenues. That really should end the debate on output effects.
Reposted by Hal Singer
theslingutah.bsky.social
Are divestitures a bad thing?

@halsinger.bsky.social and Darren Bush brought
@econliberties.bsky.social's Laurel Kilgour onto the podcast to discuss this issue plus other remedies on the table in the Google search antitrust case.

www.thesling.org/video/slings...

Go give it a watch!
Slingshot Episode 23 - The Sling
Hal and Darren discuss remedies in the Google search case with AELP’s Laurel Kilgour.
www.thesling.org
halsinger.bsky.social
The authors thank @basel.bsky.social and @tedtatos.bsky.social for these excellent comments. The piece is much better with their feedback!
halsinger.bsky.social
The piece concludes with a call for a more formalized investigation process. Rather than responding to press stories, the DOJ should adopt a policy under which industry inquiries are *automatically* triggered whenever prices in an industry exceed some multiple of CPI.
halsinger.bsky.social
We draw support from the economic literature, which highlights how prior investigations under FDR led to massive price declines in the industries under investigation.
halsinger.bsky.social
We make the case here that the initiation of the DOJ investigation may have altered the pricing behavior of major egg producers. After all, the first rule of any conspiracy is to stop conspiring while under the microscope of an investigation.
halsinger.bsky.social
Other groups, including @FarmActionUS, pursued more nefarious explanations. After all, it would not be the first time for the egg industry. In 2023, a jury held Cal-Maine and other egg producers liable for participating in a price-fixing scheme running from 1999 to 2008.
halsinger.bsky.social
The mainstream media, egged on by egg industry lobbyists, pointed to a one main culprit for rising egg prices—the bird flu.

Here are some examples from the Washington Post.
halsinger.bsky.social
In a new piece co-authored with Econ One’s Gavin Sicard, we explore whether DOJ’s inquiry into the egg industry, as reported by Capitol Forum on March 6, may have caused egg prices to plummet. If so, the implications would be big.

Highlights coming.

www.thesling.org/did-dojs-inv...
Did DOJ’s Investigation of the Egg Industry Cause Egg Prices to Fall? - The Sling
Last September, then vice-presidential candidate JD Vance proclaimed in a Pennsylvanian supermarket, “Eggs, when Kamala Harris took office, were short of $1.50 a dozen. Now a dozen eggs will cost you ...
www.thesling.org