Senior Legal Analyst at @openmarkets. Opinions are my own.
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Daniel Hanley retweeted
When a leading economist creates a "running read on the health of the economy" and doesn't include anything on consumer debt, which is currently eating up 50 cents of every dollar in wage gains that workers get, it gives you a pretty clear sense of how we ended up in this mess
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Daniel Hanley retweeted
Annals of anti-monopoly: scrambling the genealogy of antitrust — Adam Smith, Thurman Arnold, Edward H. Levi, and … Alexander Hamilton.
Anti-Monopoly as Industrial Policy: The Chicago School Versus Adam Smith promarket.org/2026/10/20/ant… via @ProMarket_org
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Daniel Hanley retweeted
Stop building it then.
Dario Amodei: AI may be uniquely well suited to autocracy and deepening repression.
“We already see it in the kind of surveillance state possible with today’s technology.”
“AI can make individualized propaganda and break into computer systems.”
“It could surveil everyone in a population, detect dissent everywhere and suppress it.”
“You could have a huge army of drones that could go after each individual person.”
“It’s really scary, and we have to stop it.”
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Daniel Hanley retweeted
After almost 10 years of work corporateownershipdata.com now makes available all publicly available ownership records of 7,156 publicly traded firms, not just the S&P 500, including dual-class shares.
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Daniel Hanley retweeted
Going forward, I'd expect these clauses to become commonplace.
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Daniel Hanley retweeted
Corporate Democrats give the game away with their selective and cynical invocation of "polls": An ever-ready justification to move right but never cited to move left on, say, data centers, Gaza, Iran, and regulation of big business
Me: "Even if it was unpopular, are you saying the Democratic Party should not speak out against the president sending migrants who have committed no crimes to be tortured in a foreign gulag?"
@mattyglesias: "Yeah."
Me: "Just stay silent?"
Yglesias: "I think that sometimes, if you want to help people... you gotta win first."
Me: "They might be dead in three years time, by the time you win."
Despite all the arguments on this hellsite over the exact number of his Piker tweets, this was the part of my interview with Matthew Yglesias that really stood out to me. I was actually stunned by this response. Shouldn't politics also stand for something more than triangulation, polling and 4-D chess strategizing?
Full interview: zeteo.com/p/matt-yglesias-me…
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Daniel Hanley retweeted
Yglesias makes the point that one should stay silent on unpopular issues so one can win elections and then do the unpopular thing.
That’s an endorsement of systemic lying and betrayal as a governing strategy.
Me: "Even if it was unpopular, are you saying the Democratic Party should not speak out against the president sending migrants who have committed no crimes to be tortured in a foreign gulag?"
@mattyglesias: "Yeah."
Me: "Just stay silent?"
Yglesias: "I think that sometimes, if you want to help people... you gotta win first."
Me: "They might be dead in three years time, by the time you win."
Despite all the arguments on this hellsite over the exact number of his Piker tweets, this was the part of my interview with Matthew Yglesias that really stood out to me. I was actually stunned by this response. Shouldn't politics also stand for something more than triangulation, polling and 4-D chess strategizing?
Full interview: zeteo.com/p/matt-yglesias-me…
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Daniel Hanley retweeted
Voters like affordability. They also like equality. And democracy. Welfare economics shows that, too.
So if that's the basis, well, then we need to get back to enforcing the antitrust laws from the goals of protecting small business, labor, and democracy!
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Daniel Hanley retweeted
Right. Low prices due to suppressed wages is not sustainable. Increasing income inequality is not sustainable. And antitrust policy currently has some culpability in that.
papers.ssrn.com/sol3/papers.…
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Daniel Hanley retweeted
Me: "Even if it was unpopular, are you saying the Democratic Party should not speak out against the president sending migrants who have committed no crimes to be tortured in a foreign gulag?"
@mattyglesias: "Yeah."
Me: "Just stay silent?"
Yglesias: "I think that sometimes, if you want to help people... you gotta win first."
Me: "They might be dead in three years time, by the time you win."
Despite all the arguments on this hellsite over the exact number of his Piker tweets, this was the part of my interview with Matthew Yglesias that really stood out to me. I was actually stunned by this response. Shouldn't politics also stand for something more than triangulation, polling and 4-D chess strategizing?
Full interview: zeteo.com/p/matt-yglesias-me…
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“Whether the issue is migration or climate change, calls to regulate artificial intelligence or criticism of the excessive concentration of wealth in the hands of a privileged few, Pope Leo’s positions are diametrically opposed to those of Trump and Trumpism.”
How Pope Leo’s Church is pushing back against the global far right @repeurope_ share.google/5YJ8AAu7CGmcePr…
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Court-packing does have political repercussions (that can work, see the New Deal). But I think if Congress wants to reign in the federal judiciary, but rebuild its legitimacy in our democracy, jurisdiction stripping is a better option in my opinion and certainly less partisan.
Hillary wants the Supreme Court expanded to 13 Justices -- but not until "Democrats are in power."
Because it's all about making the court less partisan and has nothing to do with entrenching Democrat power, of course.
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Daniel Hanley retweeted
The FTC and states received a victory in their antitrust lawsuit against Syngenta. But the victory is problematic. The court erroneously states that the liability test under Sec 3 of the Clayton Act is the rule of reason. It is not, and violates SCOTUS's holding in Tampa Electric
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Daniel Hanley retweeted
To help address the illiteracy crisis among the members of our federal judiciary as it concerns the antitrust laws, I figure it might be helpful to start with the basic idea that the phrase "rule of reason" is literally not in the Tampa Electric decision.
The FTC and states received a victory in their antitrust lawsuit against Syngenta. But the victory is problematic. The court erroneously states that the liability test under Sec 3 of the Clayton Act is the rule of reason. It is not, and violates SCOTUS's holding in Tampa Electric
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Daniel Hanley retweeted
Here is a very casual sidestep of the Supreme Court cases and at some level an entire statute making it clear that the Rule of Reason doesn't to Section 3 cases
The FTC and states received a victory in their antitrust lawsuit against Syngenta. But the victory is problematic. The court erroneously states that the liability test under Sec 3 of the Clayton Act is the rule of reason. It is not, and violates SCOTUS's holding in Tampa Electric
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Daniel Hanley retweeted
I was just debating this with @Sherman1890. Antitrust policy affects welfare, whether it is a claimed policy position or not. Pro-monopoly policies are in favor of redistribution to corporations. That definitely reduces welfare.
And it isn't sustainable.
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It may seem obvious, but creating a more moral & ethical society, & making people less numb to corruption, unfairness, hatred, & evil, starts with calling it out. That obligation falls hardest on those who hold power. Pope Leo is doing his part & showing us it's not hard to do.
Pope Leo: “We live in a performance-driven culture that constantly compares and ranks people, sometimes ruthlessly” and a “misguided understanding of meritocracy ultimately fails to respect people.” vaticannews.va/en/pope/news/…
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The FTC and states received a victory in their antitrust lawsuit against Syngenta. But the victory is problematic. The court erroneously states that the liability test under Sec 3 of the Clayton Act is the rule of reason. It is not, and violates SCOTUS's holding in Tampa Electric
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Link to order: storage.courtlistener.com/re…
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