A specter is haunting the world economy…. the specter of hipster Neo-Brandeisianism. Hipster Brandeis is the term coined by Clinton Treasury Secretary Larry Summers for the Neo-Brandeisian (named after former Supreme Court Justice Louis Brandeis) approach to antitrust enforcement. Hipster Neo-Brandeisianists, like Brandeis himself, favor an aggressive use of antitrust to punish businesses for the crime of growing too big by efficiently satisfying consumers.
Read Full Article »
