It is disheartening to hear government officials tirelessly repeat an entirely unjustified message of economic euphoria.
The new artificial intelligence technologies are getting a lot of buzz.
About a month ago, I wrote a “Is the US Economy Seeing an Upsurge of New Firms?” based on some patterns I had noticed in the data.
It is a common belief, applicable across many different kinds of markets, that if you could just “cut out the middleman” and “pass the savings along to consumers,” everyone would be better off. Pharmacy benefit managers are quintessential middlemen.
The Federal Trade Commission and 17 state attorneys general have sued Amazon.com, as the FTC press release says, “alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power.”
The turn of the 21st century marked the beginning of a technological revolution that has dramatically reshaped our world.
China and the European Union (EU) have taken steps to ease tensions over trade imbalances and geopolitical issues.