Watching the Equitable Growth event on antitrust, and seeing how Heather Boushey is pointing out all the costs of lax antitrust enforcement, but this is a key problem with their new report on competition policy.
https://twitter.com/DanielDancrane/status/1329446370059620357
The report's recommendations for Congress are both much weaker and more vague than those of the Congressional Antitrust Subcommittee itself. equitablegrowth.org/research-paper…
I really respect @Michael_Kades, and I appreciate his point that it's important for people who served in government to recognize their mistakes. It's a good thing to learn!
Wow @DanielDancrane is trying to tell the panel that the economy is doing great, and that monopolization is not a problem in most sectors.
Now @Michael_Kades is questioning the gospel that there was too much enforcement prior to the 1960s. The downside of enforcing on Von's Grocery and A&P was not particularly problematic.
Contrasts to harms of current under-enforcement.
Contrasts to harms of current under-enforcement.
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