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Tag Archives: antitrust
Liberals Attacking Amazon
The success of Walmart has provoked attacks from liberals for some time, despite the benefits that Walmart provides to consumers, and now liberals are turning their attention to Amazon’s success. For example, in a recent article in The New Republic, editor Franklin Foer labels Amazon a “monopolist” that … Continue reading
Posted in Economy, Politics
Tagged Amazon, antitrust, Franklin Foer, monopoly, monopsony
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Competition Deniers Strike Again
The recent agreement in principle between Partners Healthcare (a hospital system in the Boston area) and Massachusetts Attorney General Martha Coakley is a good example of how liberals view competition and go about enforcing the antitrust laws, which is to say they don’t enforce them at … Continue reading
More WSJ Hypocrisy
Kimberley Strassel of the Wall Street Journal is upset that the Federal Trade Commission is enforcing the antitrust laws (see here). This from a writer at a publication that often rails against the lawlessness of the Obama administration and the administration’s lack of respect for … Continue reading
Posted in Economy, Politics
Tagged antitrust, Kimberley Strassel, Wall Street Journal
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Lip Service From The WSJ
The editors of the WSJ are quick to praise markets and competition. But when push comes to shove, when either DOJ or FTC actually challenges the anticompetitive practices of a dominant firm or combination of firms, the WSJ always comes down on … Continue reading
Catastrophic Care – Part Two
The previous post reviewed some of the problems about healthcare in America as iden-tified by David Goldhill in his recent book “Catastrophic Care.” So how does Goldhill pro-pose to fix healthcare and contain costs? First, he would require everyone to purchase health insurance, but … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, Catastrophic Care, competition, David Goldhill, health accounts, healthcare costs, moral hazard
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Catastrophic Care – Part One
In his recent book “Catastrophic Care,” David Goldhill argues that the central problem with America’s healthcare system is the use of insurance to finance healthcare expen-ditures. According to Goldhill, insurance-based healthcare cannot control costs because consumers (i.e., patients) don’t directly pay for … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, Catastrophic Care, competition, David Goldhill, healthcare costs, moral hazard
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The Morality Of Capitalism
In an op-ed piece for the Washington Post, Steven Pearlstein suggests that the nation is caught up in a historic debate over free-market capitalism and poses the question: is capitalism moral? Pearlstein points out that over the last thirty years, the experiment with communism has been “thoroughly … Continue reading
Posted in Economy, Politics
Tagged antitrust, big government, capitalism, competition, current events, free markets, liberal mind, morality, Steven Pearlstein
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Demand Competition In Healthcare
Wise Boy (aka Ezra Klein) and other members of the Big Government priesthood often claim there is no evidence that competition can control healthcare costs. Although it’s true that many healthcare markets may be less competitive than they should be, … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, big government, central planning, competition, ezra klein, liberal mind, price controls, self government
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Break Up The Big Hospitals
In his Time magazine cover story, Steven Brill criticized the prices that M.D. Anderson Cancer Center in Houston charges patients. In an op-ed piece appearing in the Wash-ington Post, a couple of the hospital’s doctors step forward evidently to defend their employer against Brill’s criticism. And no … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, central planning, price controls
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Healthcare Prices
In his lengthy cover article for Time magazine, Steven Brill argues that the first question in the healthcare policy debate should be “why are the bills so high,” rather than blowing past that issue to ask who should pay. Most of his … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, big government, competition, Matthew Yglesias, price controls, Steven Brill
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