President Biden spoke yesterday responding to questions about the nation’s supposed “labor shortage.” “Pay them more,” he urged employers across the land on national television. I wonder if there are any other policy options besides trusting private industry not to exploit and squeeze their workers. Other than the ridiculousness of…
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One problem with the way antitrust doctrine is applied today in courts, which itself is an ahistorical interpretation of the law, is the way judges apply the “principles” of economics to their legal analysis of monopoly (anticompetitive) harms, harms sustained by immense market power. The standard, popular threshold to measure…
Comments closedDespite the popular wisdom that shareholders of a firm are its true owners, there is no sense, legal or otherwise, to which this is true. This post will serve to survey some of the political science literature and the contemporary legal scholarship which I believe thoroughly debunks the shareholder value…
Comments closedThe whole of social science and legal research offers vast amounts of evidence to disabuse any notion that free markets exist anywhere in a capitalist society. Everyone from non-economists to the general public cannot escape this reality. We as individuals have no choice but to exist under capitalism because it…
Comments closedStereotypes are positive and negative. But no matter the distinction, they are always harmful to someone. Like all stereotypes, there exists several unfounded, uncritical and plainly false ideas about how a particular person, apparatus, system, work which then culminate into a belief system. In the case of capitalism (or the…
Comments closedThere is perhaps no more effective way to centralize (in writing) the climate disaster humans have put ourselves in other than talking about it using the most urgent language. Climate change and its effects on humanity is arguably the most pressing and consequential problem of our time and will continue…
Comments closedAs the summer kicks off and with my first semester of graduate school under my belt, I decided to dedicate time to researching more political economy literature. I came across a Law & Political Economy syllabus from Law professor and scholar Amy Kapczynski at Yale Law School1 and thought I…
Comments closedThings don’t always go according to plan. In my mind I thought I would have my keycaps by now, but due to COVID the original keycaps I ordered last August were put on a longer delay than expected. Original production time was 28 weeks & they still haven’t shipped as…
Comments closedThis is the second entry in our Series on Mechanical Keyboards. We’re continuing the series in an order roughly identical to the order in which the parts were purchased. I’ll admit that I should have paced myself, but with FOMO and the unmitigated thrill of jumping into entirely new yet…
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