Economists Spar over Lina Khan’s Plan to Cut Stadium Beer Prices

Economists spar over Lina Khan’s plan to cut stadium beer prices

The economists are fighting: Our scoop last week about Lina Khan’s plans to make New York City cheaper — starting with the price of concessions at sports stadiums — set off a heated X economic debate about every everyman’s favorite topics, externalities and elasticity. Matt Yglesias and Harvard’s Jason Furman argued that lower beer prices will mean higher ticket prices, which Biden antitrust architect Tim Wu thinks is dumb, or at least an empiri…

Business, Beware — Lina Khan Has a New Crusade in New York

While Lina Khan was the Biden-era chairwoman of the Federal Trade Commission, she ran roughshod over due process in expanding her authority to regulate business.