On Inflation

[So many people have asked about my views on inflation that I’m pausing my antitrust series to address that topic. Back to antitrust next week.] read more »

Antitrust Is More Interesting Than You Think, Part 6

When people who don’t like free markets (i.e., almost everybody in academia) talk about antitrust law, they almost always begin by saying something like this: “One of the core defects of market economies is the inevitability of monopolistic practices.” read more »

Antitrust Is More Interesting Than You Think, Part 4

More vignettes to show you what it was like to try a case – a big case – with Mr. W, the senior Reed Smith partner who looked terrific but whose elevator didn’t seem to go all the way to the top floor. After that I’ll return to my original topic: “Antitrust Is More Interesting than You Think.” read more »

Antitrust Is More Interesting Than You Think, Part 3

Mr. W was mostly trying other cases during the week, so we prepared for BS v. BS on weekends. Every Saturday and Sunday morning I would stroll into the Reed Smith conference room at precisely 9 a.m., and every Saturday and Sunday morning Mr. W would look up at me and say, “Dear God.” read more »

Joe Biden Saved Me from Pocatello, Part 4

Professor H was a formidable, brilliant, intimidating, and impossibly rude professor and I’m sure he was the model for the notorious Prof. Kingsfield in the movie The Paper Chase (which was about Harvard Law). read more »

Joe Biden Saved Me from Pocatello, Part 3

Joe Biden was my new client because he’d called Joseph Hill Associates to ask about something called “federal revenue sharing” (FRS). Most people live long and happy lives without ever hearing that phrase, but, alas, not me. I was JHA’s resident expert on FRS. read more »