Barak Orbach (University of Arizona) has posted The Neo-Brandeisians Are Wrong About Greedflation (ProMarket, The publication of the Stigler Center at the University of Chicago Booth School of Business (June 28, 2023)) on SSRN. Here is the abstract:
Some progressive politicians and advocates have argued that lax antitrust policies enabled the inflation surge that began in 2021 and that aggressive antitrust enforcement is crucial to combatting inflation. These assertions are misguided and misleading. Similar greedflation theories emerged during previous inflation spikes, but their promotion this time has proven counterproductive. The allure of trustbusting ideas, this essay argues, is starting to wane.
