An Interest In:
Web News this Week
- April 4, 2024
- April 3, 2024
- April 2, 2024
- April 1, 2024
- March 31, 2024
- March 30, 2024
- March 29, 2024
November 17, 2016 10:01 am PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/5RNevRRSvjc/superstar-academic-economists.html
Superstar academic economists charge $1000/hr to defend disastrous corporate megamergers
In 1977 Richard Posner (then a prof at the University of Chicago's notorious ultra-libertarian school; now a federal judge) teamed up with an economist and law student to form Lexecon, which has since grown to a firm worth more than $130,000,000, whose major business is to serve as intellectual guns-for-hire who will produce plausible-seeming economic models defending giant corporate mergers against anti-trust regulators. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/5RNevRRSvjc/superstar-academic-economists.html
Share this article:
Tweet
View Full Article