Yesterday: big news for workers
Today: big news for consumers

Emotional innoculation against feelings of academic disappointment, exclusion, or futility requires a thrice-daily dose of Rejection. Talk to your advisor if you have industry-exit thoughts, trouble sleeping, or the coffee 'just doesn't take'.

1. Today FTC issued a final rule banning noncompetes for workers across the country.

The rule will ensure that Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.

ftc.gov/legal-library/…

This is yet another example for one of my favorite papers by two of my favorite economists.

Resale increases efficiency but leads to costly rent-seeking in the primary market.

Will my daughters kill me if I announce that we're going skiing again this weekend?

I just watched last night's game-winning sequence by the Knicks again.

The only thing missing was Spike Lee doing the Reggie Miller choking gesture.

I greatly enjoyed listening to this podcast treatment of a classic.
open.spotify.com/episode/1t5Mw9…

Uber faces significant competition for passengers.

However, it leverages its significant monopsony power to depress wages by an estimated 14 percent.
jackwfisher.com/monop_ride.pdf

I ♥️ skiing.

Ice, powder, corn.
Lifts, skinning, helis.
Early, high, late season.
Racing, park, backcountry.
Groomers, moguls, couloirs.
Family, friends, acquaintances.
Bluebird, snowstorm, wintry mix.
Carving, jump turns, riding switch.

I ♥️ skiing.

Your mileage may vary but here's how having Maybe: Sam Eyler-Driscoll 🥭's outfit edit my paper worked out for me: stderr-editors.com

Closing arguments in DC courtroom in eight days in the first major antitrust trial brought by the United States Dept of Justice against Google. This one for search and search advertising impacting everyone. Adjust your calendars accordingly.

This is a gut-wrenching story about backcountry skiing, the world's greatest pastime.

It's hard to explain the thrill, excitement, and serenity it offers, but alas it sometimes comes at a terrible cost.

FTC moves to block Tapestry’s acquisition of Capri. $8.5 billion deal would eliminate competition between Coach, Kate Spade, and Michael Kors: bit.ly/3WabfK4

So this is the popular conception of hunter gatherers. Running around in loincloths hunting wooly Mammooths. Fine, though a lot of hunting was actually small game trapping, and actually gathering of plants was a bigger source of calories (though proteins came mostly from hunts).