Choose Quality of Results for Consumers, Not Equality of Outcomes for Competitors


From the outside, antitrust prosecutions appear to seek competitive behaviors that are scrupulously “fair” among competitors. But no two competing companies have identical assets, experience, intellectual property, employee and leader skills, customers, or even identical goals. Their path forward depends on how well their strategy anticipates the live marketplace and on their skill in adapting […]

The European Advantage from Hiding The Past

computer spy

The “Right to be Forgotten” (RTBF) is a newly minted “human right” within the European Union. It allows individuals to demand the suppression of Internet search results that mentions them in earlier events, such as court proceedings, speeches, and news coverage. This selective editing of history would be of peculiar value to those obligated to […]

ACI in Forbes: Keeping Up With The Latest Medical Science

doctors scope

Being an economist, you don’t want me to play medical doctor in order to save you money.  Likewise, when doctors write an economic cost study that concludes that doctors do not need to keep up with the latest medical research, I can’t help but think of the potential for intellectual malpractice. There has been a […]

Fair Play: Just Another Song And Dance


As sales of music records and other physical recordings have steadily been replaced by digital copies downloaded to computers and to other electronic devices, there has been a push to increase the royalties that radio stations pay for the use of copyrighted music. The latest push is the Fair Play, Fair Pay Act of 2015 […]

“Sharing” an Opportunity to Get It Right

city river scape

The U.S economy has been slow to grow employment and it has left paychecks without noticeable increases. In the five most recent quarters, labor productivity decreased by 3.1%. Flat wages are to be expected when labor productivity is stalled. Besides increasing economic output, productivity could be increased by better organized workflow, improving work skills, increasing […]

Rising Complexity and Cost of Securing Secrecy

computer spy

A broad class of people has legitimate needs for communicating in secrecy, such as politicians, high tech innovators, analysts in the military, State Department operatives, and businessmen bidding on goods or negotiating a merger. Unfortunately, secrecy that once could be achieved with modest effort is now elusive. The Office of Personnel Management (OPM) database contains […]

Cyber-Attack Detection is Difficult, Needs Monitoring

computer spy

Despite cyber-prowess and a staggering and secret budget, US intelligence agencies appeared unable to halt a deep and sustained invasion of sensitive federal information.  In May, an attack hit the IT system of the Office of Personnel Management (OPM) and its data stored at the Department of the Interior’s data center. Information for about 4 […]