Ticketmaster and Ideas Lying Around.

A lot of regulations went up in flames in the Reagan/Thatcher era: labor laws, environmental rules, finance frameworks. But the most consequential shift of the age was the change in antitrust law, specifically, the advent of the “consumer welfare” standard that supposed that monopolies were mostly totally amazing, miracles of coordination and efficiency that would make all our lives better thanks to the singular genius of the men (and a few women) who led them.

Continue reading "Anything That Can’t Go On Forever Will Eventually Stop"