Ways that America wastes money? In 2025, the tax-preparation compliance costs were $148 billion, 12x the budget of the IRS, and that doesn't include the value of time spent https://t.co/ycF9C82qhL
Crazy thing about the Paramount - Warner Bros deal is that its not just bad for the country but also terrible for shareholders as well over the longer term -- what Jonthan Knee calls "The Curse of the Mogul" https://t.co/5RMnkpMX4G
There are those who believe, almost as a matter of religion, that inflation has nothing to do with price-fixing or market power, explicit or implied. The story of egg prices suggests otherwise
https://t.co/6qaG0rCa4N
The strangest thing about the Cook / Slaughter case pair is how much work constitutional waiver is doing. To non-lawyers (and some lawyers too), it is weird to say "we just decided that independent agencies are unconstitutional, however we will not apply that ruling to the Fed because the government didn't make the argument hence it is waived."
It is a bit like saying Schrödinger's cat may be dead, but in case he isn't dead, well, you didn't use the right process to fire him
When is the business world going to learn that there is such a thing as state antitrust enforcement -- the backup when federal goes awol
https://t.co/TlSHssjg0d
Forget the debates between Chicago, Post-Chicago, and the New Brandeis school -- corruption is the defining ideology of Trump 2 antitrust https://t.co/VP288kQnVU
In the USA, the level of vigilance the average person has to maintain to avoid getting ripped off extracts its own kind of price -- one most analysis of dynamic pricing doesn't pay any attention to.
I'm writing a piece about how the States should organize and re-indict as many of the inexcuseable people Trump pardons - to fight the message that you cannot buy your way out of everything
https://t.co/sGrM3DzgrK
Dynamic pricing in economic theory could be a boon to the poor, but more often it favors the hyper-diligent and hyper-vigilant against more normal personality types, then wreaks havoc on poorly educated consumers