A little while back, John Lott had a very confused piece in the New York Post. In it, he made the following claim: Distortions increase as tax rates do. Before Trump’s policies, the average US tariff rate stood at just 2.5% — tiny compared to the 43.4% average top personal income tax rate (including federal and state ... No, You Can’t Just Compare Tariff Rates and Income-Tax Rates

Truth on the Market

05.10.2025

Excessive Antitrust Threatens American AI Leadership - Truth on the Market

A spate of major investments by large tech firms in U.S. artificial-intelligence (AI) companies should be viewed as a sign of vibrant competition that drives innovation. Antitrust intervention to limit such investments would be inappropriate. A cautious approach to antitrust, combined with deregulation, could be the ticket to ensuring continued American leadership in AI. AI ... Excessive Antitrust Threatens American AI Leadership

Truth on the Market

07.10.2025

‘Limits of Antitrust’ by Frank Easterbrook - Truth on the Market

The Core Argument: Markets Beat Courts at Correcting Monopoly Frank H. Easterbrook’s 1984 Texas Law Review article “Limits of Antitrust” advances a deceptively simple thesis that fundamentally reoriented competition policy: antitrust law should recognize its own institutional limitations and design rules accordingly. The article contains two central insights. The first is that, because “antitrust is ... ‘Limits of Antitrust’ by Frank Easterbrook

Truth on the Market

08.10.2025

FTC's Three-Pronged Zillow/Redfin Complaint Contends Semantics Don't Erase Collusion - Truth on the Market

The details laid out in a recent complaint filed by the Federal Trade Commission (FTC) against internet listing services (ILS) Zillow and Redfin may conjure a sense of déjà vu for antitrust watchers: a nine-figure payment, a rival’s quiet retreat, and a contract that calls itself a “partnership” while disclaiming the name. Strip away the ... FTC’s Three-Pronged Zillow/Redfin Complaint Contends Semantics Don’t Erase Collusion

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Truth on the Market

Economy

No, You Can’t Just Compare Tariff Rates and Income-Tax Rates - Truth on the Market

Excessive Antitrust Threatens American AI Leadership - Truth on the Market

‘Limits of Antitrust’ by Frank Easterbrook - Truth on the Market

FTC's Three-Pronged Zillow/Redfin Complaint Contends Semantics Don't Erase Collusion - Truth on the Market

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