4 ms·
This might be the sloppiest take I've ever seen on this topic. - "In fact firms do not do this." — In fact firms merge all the time. - "The typical scale of m
by zestyping 5y ago
This might be the sloppiest take I've ever seen on this topic.
- "In fact firms do not do this." — In fact firms merge all the time.
- "The typical scale of most firms seems far smaller than can be explained by these effects." — No reason is given. Italics do not constitute an argument.
- "It seems obvious to me that by now such a food agency would have intervened in food production, processing, and distribution far more extensively that has been the actual case in our actual history." — Not at all obvious, and again no evidence or even any argument is given.
- "The amazing thing is that all this would happen even with high quality oversight and accountability by agencies to politicians, and politicians to voters." — The amazing thing is that the author thinks he can state this prediction without basis of any sort.
There are good reasons to beware centralization, but this piece is simply lazy.
This gets an F. Show your work.