Daniel Hanley

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138 Following
317 Posts
Senior Legal Analyst at the Open Markets Institute. Opinions are my own. Newsletter: https://danielhanley.substack.com
ProfessionSenior Legal Analyst at the Open Markets Institute
Websitehttps://danielhanley.substack.com
I study and write aboutAntitrust law and political economy
I don’t understand how there isn’t more panic about this chart. I seems really freakin scary to me. https://www.pewtrusts.org/en/research-and-analysis/reports/2016/05/a-scientific-roadmap-for-antibiotic-discovery
A Scientific Roadmap for Antibiotic Discovery

In recent decades, the discovery and development of new antibiotics have slowed dramatically as scientific barriers to drug discovery, regulatory challenges, and diminishing returns on investment have led major drug companies to scale back or abandon their antibiotic research.

Drug advertising is just a big con. It should be completely prohibited.

https://jamanetwork.com/journals/jamanetworkopen/fullarticle/2800405

Therapeutic Value of Drugs Marketed Using Direct-to-Consumer Television Advertising

This cohort study assesses whether drugs with the most direct-to-consumer television advertising represent advances over existing treatments.

Noncompetes are just one of many types of coercive contracts used by dominant corporations to restrict the rights and freedoms of workers and the public.

Read more about them in an article I wrote for Democracy Journal. https://democracyjournal.org/arguments/ending-corporate-americas-coercive-contracts/

Ending Corporate America’s Coercive Contracts

Our existing contractual legal regime allows corporations to further exploit their power over workers and consumers. But public policy can, and should, change that.

Democracy Journal

Adobe Photoshop, Illustrator, After Effects, and others all originate from acquisitions.

If merger law were enforced properly, companies would engage in much more internal expansion - as Congress intended.
https://youtu.be/wc3JoMwVqL4

How Adobe Became One of America’s Most Valuable Tech Companies | The Economics Of | WSJ

YouTube

There are many problems with the current law school education (too much emphasis on case law, not enough discussion about law and political economy, not enough emphasis on the role and necessity of administrative law, etc.)

But appointing someone to be a judge without legal training is quite worrying.

Personally, I see it as a continued effort by the GOP to sew discord and chaos into our democratic system, ultimately to undermine it.

https://www.msnbc.com/msnbc/amp/rcna63567

New judge Michele Fiore didn't go to law school. Look out Nevada.

Judge Michele Fiore is a former Las Vegas City Council member and state Assembly member. She didn't go to law school, but has been accused of breaking the law.

MSNBC
A Wave of Hospital Mergers

Over the last four years, there has been a surge in the number of hospital mergers.

Ban all cryptocurrency is the correct solution! Great article from Christos Porios and Bruce Schneier in The Atlantic.

Cryptocurrency is nothing but the latest form of financial fraud and snake oil designed to empower financiers and extract ever more wealth from the public.

https://www.theatlantic.com/ideas/archive/2022/12/cryptocurrency-mining-environmental-impact-solution/672360/

How to Reduce the Environmental Impact of Crypto

The sins of FTX aren’t the only problem the crypto world needs to pay for.

The Atlantic
I cannot believe this insanely important anti-corruption measure did not get more coverage. I am only finding out about it now. https://fortune.com/2020/12/26/ndaa-2021-shell-companies-corporate-transparency-act/
Congress just passed the most important anti-corruption reform in decades, but hardly anyone knows about it

Commentary: The National Defense Authorization Act (NDAA) takes on shell companies with its Corporate Transparency Act provision.

Fortune

Economic power is political power.

Tackling monopolies and other concentrations of economic power, promotes and supports democracy.

https://www.bloomberg.com/news/articles/2022-12-20/big-tech-divided-and-conquered-to-block-key-bipartisan-bills?leadSource=uverify%20wall

I finished reading @parismarx’s book Road to Nowhere. It is excellent, and I highly recommend reading it.

The book details the tyranny of the automobile and the corporate interests determined to keep the public subjugated to the car as the primary means of transportation.

The picture below shows, in my opinion, one of the most insightful and informative sections. I wanted to highlight everything.