Brian Albrecht @BrianCAlbrecht
Applied economic theorist: competition and information. Chief Economist @LawEconCenter 📝Price Theory Newsletter https://t.co/1S7TB6ANUP briancalbrecht.com Minnesota Joined November 2010-
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Relevant re: Kroger Albertsons. As we pointed out: laweconcenter.org/resources/food…
Glad to see the recognition that unions counteract some monopsony concerns
Glad to see the recognition that unions counteract some monopsony concerns
"In contrast, as economist @BrianCAlbrecht points out, 'the FTC’s total ban of non-competes replaces the decision making of businesses and workers, as well as the oversight of state governments, with a one-size-fits-all approach.'" forbes.com/sites/aldenabb…
Are markups really rising? Is that a #competition problem? As usual, a very informative thread (and post) by @BrianCAlbrecht
Are markups really rising? Is that a #competition problem? As usual, a very informative thread (and post) by @BrianCAlbrecht
I asked a bunch of ad law and antitrust profs for their predictions on fate of FTC non-compete rule. Almost unanimous prediction was invalidation, although different perspectives on how and why. Read the blog! yalejreg.com/nc/predicting-…
What do we know about markups in the United States? Are they high? Are they rising? This week's newsletter covers the (part of a huge) literature and what we know at this point. It's not as simple as you might have heard. Otherwise, I wouldn't have needed 4k words 🧵
I went through some old stuff and found this paper I wrote (apparently back in 2012) that I never did anything with. I went through and fixed some bad grammar and typos (I'm sure some remain) and decided to post it to SSRN. Might be relevant again. papers.ssrn.com/sol3/papers.cf…
Are markups rising? What do we really know? A helpful review thread by @BrianCAlbrecht
Are markups rising? What do we really know? A helpful review thread by @BrianCAlbrecht
🚨BREAKING: the EU Commission designates @SHEIN_Official as a Very Large Online Platform (VLOP) under the Digital Services Act (DSA). This is what will happen: ➡️Shein will have to comply with the most stringent rules under the DSA, such as: ➵ more diligent surveillance of…
We have a federal system. The way to run an experiment is at the state level - which is exactly what states had been doing with NCAs. A federal ban is not experimentation; it’s the end of experimentation.
We have a federal system. The way to run an experiment is at the state level - which is exactly what states had been doing with NCAs. A federal ban is not experimentation; it’s the end of experimentation.
The FCC's #NetNeutrality rules have a bunch of quirks. This is one of the quirkiest. truthonthemarket.com/2024/04/25/net…
Khoa Vu @KhoaVuUmn
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15K Followers 374 Following Busy writing about economics, and/or Lydia Tár + Sandra Voyter slashficBen Golub 🇺🇦 �.. @ben_golub
49K Followers 2K Following econ prof @NorthwesternU visiting Stanford 23-24 social and economic networks from Ukraine past: @Harvard | @Stanford'12 | @Caltech '07Chris Freiman @cafreiman
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32 Followers 217 FollowingJosé D. Salas @JosDSalas1
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97 Followers 168 FollowingEconFella @EconMaett
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264 Followers 687 Following Retired soldier. Twin dad. Unschooler. Grad student. Bibliophile. Early riser. Proponent of the principles and study of the American Revolution.Stefan Modrich @StefanJModrich
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23 Followers 308 FollowingAurora @antonel72252133
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59K Followers 3K Following Economist. Executive VP of Criminal Justice, @Arnold_Ventures. Host of @ProbCausation. I study crime & discrimination. Opinions are my own but happy to share!Peter Boettke @PeterBoettke
17K Followers 544 Following Distinguished University Professor of Economics & Philosophy at George Mason UniversityGeorge Selgin @GeorgeSelgin
27K Followers 658 Following Free-market monetary guy who has lucid moments. Director Emeritus of @CatoCMFA. I promise not to waste our time by saying things you expect me to say.Andrew Charles Baker @Andrew___Baker
16K Followers 3K FollowingArpit Gupta @arpitrage
30K Followers 4K Following Associate Professor of Finance, @NYUStern. Finance/Real Estate/Urban newsletter: https://t.co/lWVJvq6vKg.Josh Hendrickson @RebelEconProf
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32K Followers 2K Following Construction worker turned academic turned central banker turned academic again. Chair, Economics Department @MiamiHerbert University of MiamiZack Cooper @zackcooperYale
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2K Followers 11 Following Creating an environment for emerging technologies to grow, develop, and thriveCardiff Garcia @CardiffGarcia
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21 Followers 23 FollowingCapitalism and Freedo.. @capandfreedom
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302 Followers 113 Following Antitrust economist. Views are my own and do not indicate concurrence by the Federal Reserve Board or by other FRB staff. Likes/RTs are not endorsements.Danielle Kaye @danielledkaye
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57K Followers 1K Following Fin/Econ/Hist. Profesor UCEMA+Consejo Academico LyP. No discuto c/trols, anons & bobos. Don’t argue w/trolls, anons & morons. Bloqueo insultos/bullies blockedAustin Drukker @DrukkerAustin
229 Followers 442 Following economist @FTC (views my own) | PhD @UArizonaEcon | RA @BrookingsEcon | airline enthusiastAdam Mossoff @AdamMossoff
7K Followers 3K Following law professor @georgemasonlaw, patent law, innovation policy, tech geek, father of three (singleton & twins), Star Wars fan, 80s generation, DucatistaCraig Palsson @ Marke.. @MarketPowerYT
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48 Followers 57 FollowingGiacomo Rubbini @giacomo_rubbini
403 Followers 533 Following Econ PhD Candidate @Brown_Economics, @Unibo alumnus. Game Theory on weekdays, @BolognaFC1909 on weekends, leg day everyday. Views are barely my own.AnHo @andhoflei
187 Followers 428 FollowingRudi Bachmann @BachmannRudi
37K Followers 600 Following Professor of Economics at University of Notre Dame, Transatlanticist, Economics and AcademiaNick Pretnar @nickpretnar
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684 Followers 709 Following Political theorist of liberalism, democracy, suffrage, & the social question. Asst Prof @SMU. @ufhamilton Fall '24. Author of 'Democracy Tamed' @OUPAcademic.Thomas Hasenzagl @ThomasHasenzagl
465 Followers 952 Following PhD student in Economics at the University of Minnesota.Luis Perez @luiscanyamel
632 Followers 710 Following Economics PhD candidate @UMNews. Interested in macro-labor, public finance, productivity, market power, networks, trade, health. Wine enthusiast.Andrew Walker @AndrewRangeley
33K Followers 789 Following Head of Research and Portfolio Manager at Rangeley Capital. Part time podcast host / blogger; Full time Cookie Monster.@JarodBona It should be clear by now that these folks are ideological activists-just more refined versions of the mobs on campuses. They are not interested in competition. They would do the same at the EPA.
This seems to be arbitrary and capricious for a Competition Agency: A merger can only go forward if the company supports a reduction in competition downstream. I understand that there are labor exemptions to the federal #antitrust laws (see bonalaw.com/insights/legal…). But…
FTC Commissioner Alvaro Bedoya is open to conditioning certain merger clearances on companies’ commitments to allow their workers to unionize, he told me today. FTC staff met with union officials in Jan. to discuss the remedy in potential future cases, said a source familiar.
@BrianCAlbrecht The countervailing powers doctrine, which is focused on fairness rather than the amount of trade, is seductive but wrong. A related idea is to "punish" monopolies with a tax, never mind that the tax would reduce a quantity that is already too low.
I used to wonder about how Kent State could happen. Now it could happen again. Insane. Anyone involved in this decision needs to be fired. p.s. multiple independent accounts reported seeing this from multiple angles.
Sniper on the roof of the IMU. Absolutely unhinged response to a nonviolent encampment by a murderous and paranoid police state.
FTC Commissioner Alvaro Bedoya is open to conditioning certain merger clearances on companies’ commitments to allow their workers to unionize, he told me today. FTC staff met with union officials in Jan. to discuss the remedy in potential future cases, said a source familiar.
FTC Commissioner Bedoya Signals Interest in Union Neutrality as Merger Remedy and Previews Speech on Workplace Surveillance $ACI $KR $MSFT h/t @jbliss1987 & @papscun library.thecapitolforum.com/docs/7mgm49yr4…
Hate it when @iowahawkblog doesn't tell me he's coming to town. But he's got his reasons.
@causalinf giving the keynote at the @TerryCollege Godfrey Workshop. Scott is leading the way for UGA grads doing good things.
On Tuesday the @FTC issued a final rule that effectively bans noncompete clauses in US labor contracts. Given the wide-reaching impact, there has been (understandably) a lot of debate, and also some confusion. Two issues are particularly contentious. The first is the economic…
@DanielDancrane They'd stand a much better chance if they were drafted as Guidelines, and then made a forceful argument for reforming the rule of reason, with a much earlier shift in the burden of proof. The existence of a noncompete should shift the burden to the employer to justify it.
Excited to be at my alma mater @universityofga the next two days to celebrate the endowment and naming of the John Munro Godfrey, Jr Dept of Economics at @TerryCollege! This dept gave me so much as a grad student and it feels humbling to be invited back for this event. #GoDawgs
Are markups really rising? Is that a #competition problem? As usual, a very informative thread (and post) by @BrianCAlbrecht
What do we know about markups in the United States? Are they high? Are they rising? This week's newsletter covers the (part of a huge) literature and what we know at this point. It's not as simple as you might have heard. Otherwise, I wouldn't have needed 4k words 🧵
I asked a bunch of ad law and antitrust profs for their predictions on fate of FTC non-compete rule. Almost unanimous prediction was invalidation, although different perspectives on how and why. Read the blog! yalejreg.com/nc/predicting-…
I went through some old stuff and found this paper I wrote (apparently back in 2012) that I never did anything with. I went through and fixed some bad grammar and typos (I'm sure some remain) and decided to post it to SSRN. Might be relevant again. papers.ssrn.com/sol3/papers.cf…
@Andrew___Baker One of them is. And for the sake of being popular on the internet, assume that it is the one you (the person reading this) personally Stan.
Triangle Micro Conference is underway with Alexander Wolitzky presenting “Moral Hazard and Repeated Games with Many Agents” w/ Takuo Sugaya. #EconTwitter
@itaisher I have removed myself from working papers which later became publications stuff like that happens
People are really jumping to conclusions here. There is nothing nefarious about a working paper turning into a publication. The issue is the omitted coauthor. But we don’t know why the author was omitted and who did what work.
Nemat Shafik - @Columbia Prez only has 1 well-cited publication in her life, in Oxford Econ Papers 1994. This paper is lifted almost entirely from a 1992 report coauthored with consultant not credited in the publication. This is wholesale intellectual theft, not subtle plagiarism
Are markups rising? What do we really know? A helpful review thread by @BrianCAlbrecht
What do we know about markups in the United States? Are they high? Are they rising? This week's newsletter covers the (part of a huge) literature and what we know at this point. It's not as simple as you might have heard. Otherwise, I wouldn't have needed 4k words 🧵
Whatever you make of him as a philosopher, if Nietzsche were alive today, he would absolutely crush at Twitter. This is basically a tendentious 200 character summary of the fifth most interesting idea in On the Genealogy of Morality and it has 17 million views.