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Lodestone Blog Posts

There is No Labor Shortage, There is a Wage Shortage. Raise The Minimum Wage.

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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Competition

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…

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High Tech & Antitrust

I’m picking on Amazon because I believe there is more than enough evidence to break them up and evaluate their conduct against federal antitrust violations. A piece of popular antitrust history revisits the stranglehold IG Farben had in Germany’s WW2 economy and their role in financing the German war apparatus…

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