The Federal Trade Commission’s (FTC) rulemaking machinery is humming again. Is it being tuned for optimal performance—or revved for another trip into the ditch? Most of the current action has …
Economy
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Regulators keep warning that AI markets are about to be captured by Big Tech. The awkward fact is that AI markets keep refusing to cooperate. Several years into the generative-AI …
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The local news business has spent the past two decades being “saved” by people who mostly seem to want it embalmed. Every new shift in how Americans consume information—websites, social …
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The “reverse Robin Hood” hypothesis is back, wearing a fresh econometric hat and carrying a very large number. The claim is familiar: credit card rewards programs let affluent cardholders pick …
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Europe would like digital sovereignty to be a jurisdictional problem. It would be much easier for EU bureaucrats if the path to frontier AI ran through Brussels, could be secured …
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The government does not need to burn books when it can threaten licenses. Why bother with an inquisitor’s bonfire when a regulator’s raised eyebrow can do the trick? That is …
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Consumer protection often begins with a simple question: Can the consumer walk away? If the answer is no—because switching is hard, data are locked up, markets are fragmented, or new …
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Meta’s Incognito Chat is interesting not because it promises privacy, but because it makes privacy expensive. It limits what Meta can know, what Meta can monetize, and what Meta can …
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If you have been near anyone under the age of 15 in the past year, you may have heard the phrase “six seven” shouted with great conviction and no discernible …
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Economy
‘Raid or Trade? An Economic Model of Indian-White Relations’ by Terry L. Anderson & Fred S. McChesney
The traditional domain of law & economics is the courtroom, the legislature, and the administrative agency. But in their 1994 article, “Raid or Trade? An Economic Model of Indian-White Relations,” …