Acton Unwind Ticketmaster in its Antitrust Era
This week, Eric, Dan, and David discuss the Department of Justice’s antitrust lawsuit against Live Nation/Ticketmaster. Is there anything the federal government can do to appease unhappy Taylor Swift fans who couldn’t get tickets to the Eras Tour? And, more importantly, is Live Nation literally a monopoly? Next, the United States’ trade deficit surged by 9% in April. Does it matter? How concerned should we be with the balance of trade between the United States and the rest of the world? And finally, the guys break down the election results in India and Europe. Are we all in our populist era?
U.S. Calls for Breakup of Ticketmaster Owner | New York Times
The Myth of the Robber Barons: A New Look at the Rise of Big Business in America | Burton W. Folsom
Trade deficit jumps to 18-month high, but rise in imports is ‘good news’ for economy | Marketwatch
Trade Deficits: Accounting Masquerading as Economics | David Hebert, AIER