Radically cheaper communication makes new forms of collusion possible that ultimately squeeze consumers.
It’s not surprising that businesses are likely to take advantage of the incoming Trump administration’s hostility to unions. It’s infuriating that some academic institutions are looking to do the same. Graduate students in Columbia University just voted to organize, citing frustrations with late pay, poor working conditions and so on. The university administration is looking… Read more »
Tyler Cowen on school vouchers: Since Donald Trump has picked Betsy DeVos to be education secretary, many commentators have been pulling out their anti-school choice arguments from the closet, and for the most part it isn’t a pretty sight. To insist on a single government-run school and trash school choice, while out of the other side… Read more »
Think of the president-elect as a Renaissance princeling.
It’s more complicated than you think.