(00:47:29) Podcast Clip of
Ep. 510 Brian Albrecht Shows a Flaw in the "Waterbed" Critique of Market Power
01:00:51
OM DENNE EPISODE
Economist Brian Albrecht explains his discovery of a surprising--but critical--missing link in a popular argument against market power. Specifically, Brian shows that the standard work in this literature doesn't even allow consumer harm as a possibility of firms merging.
Mentioned in the Episode and Other Links of Interest:
- The YouTube version of this episode.
- Albrecht's paper on the weakness in the waterbed argument. His substack (with Josh Hendrickson).
- Bob's past discussion with Brian. Bob's interview of Eric Weinstein.
- This episode’s sponsor, the free Plan-B guide from ExPatMoney.
- Help support the Bob Murphy Show.
Engelsk
USA
Ansvarsfraskrivelse: Podkasten og kunstværket, det finnes indlejret på denne siden, er fra Robert Murphy, som tilhører dens eier og ikke er tilknyttet eller godkjent av Listen Notes, Inc.
