In the News

Aaron Edlin in the news:

Letting dentists feel the bite of competition

Aaron Edlin and Rebecca Haw Allensworth write for The Wall Street Journal, March 8, 2015

Though it is uncertain how states will react, one thing is clear. The Supreme Court is intolerant of cartel activity, whatever its form, and it has taken an important step toward restoring competition in these licensed professions.

Supreme Court considers if state board serves public or limits competition

Aaron Edlin and Rebecca Haw report cited in Los Angeles Times, October 14, 2014

“The Sherman Act’s greatest accomplishment has been to make cartels per se illegal and relatively scarce, unless the cartel is managed by a professional licensing board,” wrote UC Berkeley law professor Aaron Edlin and Vanderbilt University law professor Rebecca Haw.

Aaron Edlin Proposes ‘Brandeis Tax’ on Top Earners

The New York Times, December 18, 2011 by Ian Ayres and Aaron S. Edlin

Enough is enough. Congress should reform our tax law to put the brakes on further inequality. Specifically, we propose an automatic extra tax on the income of the top 1 percent of earners a tax that would limit the after-tax incomes of this club to 36 times the median household income.

Aaron Edlin Says Auerbach Good Choice as CEA Head

Politico, July 19, 2011 by Matt Negrin

“I think the president certainly needs someone who is capable of seeing the best in … a variety of viewpoints,” said Aaron Edlin, a Berkeley professor who works with Auerbach, calling him a “moderate” and “open-minded.” “So I do think that someone who is moderate and balanced is a very good choice for head of the CEA. There are enough partisans in Washington. I don’t see that one needs another one as head of the CEA.”

Aaron Edlin Comments on FTC Antitrust Review of Google

-KGO-TV, June 24, 2011 by Mark Matthews

“There are a huge number of complaints: people, many websites feel that what Google is doing in unfair,” UC Berkeley Boalt Hall School of Law Prof. Aaron Edlin, Ph.D., said. Edlin is an expert on antitrust issues. He says there been a lot of pressure for the government to investigate Google to see if what they are doing is illegal. “And it may be, though my betting right now is that a case won’t be brought,” Edlin said.

-San Francisco Chronicle, Business Report, June 24, 2011 by James Temple and Casey Newton

Building a successful antitrust case against Google would require proving both that the company is a monopoly and that it has abused its position to undermine competitors and harm customers, said Aaron Edlin.

-San Francisco Chronicle, Business Report, June 25, 2011 by James Temple

Aaron Edlin … said it’s difficult to know whether any abuse has occurred, in part because it isn’t clear to the outside world what factors determine Google’s search rankings. The FTC subpoenas could shine more light on the company’s actual practices and the driving motivations for its decisions, he said.

Aaron Edlin Supports Economist Janet Yellen’s Nomination to Federal Reserve

Bloomberg Businessweek, April 30, 2010 by Vivien Lou Chen

“You can’t put her in a box,” said University of California professor Aaron Edlin, who has known Yellen for 22 years and worked with her on the Council of Economic Advisers. “If dove means she cares about people who are unemployed, I suppose you can say she’s a dove. But it’s not the case that she doesn’t care about inflation.”

Aaron Edlin Thinks Immigrants Can Help Solve Our Health Care Woes

The New York Times, Economix blog, January 19, 2010 by Aaron Edlin and Dana P. Goldman

The United States should allow free immigration for all qualified nurses, doctors and medical technicians whose wages exceed $75,000 a year. Such an increase in supply may not stop health care costs from rising, but it will prevent them from rising even faster with a potential upsurge in demand.

Aaron Edlin Thinks AMD Came Out Ahead in Intel Settlement / The Recorder, November 13, 2009 by Zusha Elinson

“The business concessions could be more valuable than the money,” said Edlin, who was not involved in the case. “I would judge from the settlement that the parties thought AMD had a very good likelihood of winning the trial. I would say that AMD, from what we know, appears to come out with what they wanted.”

Aaron Edlin Explains Nobel Laureate’s Analysis of Corporate Governance

San Francisco Chronicle, October 13, 2009 by Kathleen Ponder

“One of the central questions that firms always face is when it makes sense to merge with another firm, when it makes sense to write a long-term contract with the other firm and how that long-term contract should be structured, and when it makes sense to deal on a short-term basis and buy things on spot markets,” said Aaron Edlin, a UC Berkeley professor of law and economics. “His work is about which of these decisions make the most sense.”

Robert Cooter and Aaron Edlin Recommend UC Layoffs, Not Pay Cuts

Los Angeles Times, July 16, 2009 by Robert Cooter and Aaron Edlin,0,2957340.story

Our plan would be simple. To meet Yudof’s savings targets, a number of employees would be laid off sufficient to save 8% of the payroll. The choices in staff cuts would be difficult, but they are necessary if the regents are unwilling to raise tuition further. Specific decisions on whom to lay off would be decentralized to campuses, and within campuses to schools or departments.

Aaron Edlin Predicts Increase in Government’s Merger Reviews

San Francisco Daily Journal, March 4, 2009 by Amelia Hansen (requires registration; go to G:\Law School in the News\News Clips for article)

Aaron Edlin … explained that once a plan for a proposed merger has been filed with the authorities—technically the “first request” for information—the government can make a second request for more details on the deal…. “There will definitely be more situations when you didn’t see a second request before,” Edlin said. “And there will be more mergers that don’t go through.”

Aaron Edlin Applauds Obama’s Selection of Christina Romer

San Francisco Chronicle, Nov. 25, 2008 by Tom Abate

“Christy Romer and Ben Bernanke are two of the world’s greatest experts on the Great Depression,” he said. Edlin, who spent two years on the staff of the Council of Economic Advisers in the Clinton administration, said Romer is an ideal pick to head this White House office charged with giving the president an unvarnished picture of the economy. “The CEA is traditionally the honest broker,” Edlin said.

Aaron Edlin Predicts an Increase in School Applications Due to Economic Slump

The Daily Californian, Nov. 3, 2008 by Katie Meyer

“I suspect this will be a difficult year to come out of school and find a good job,” said Aaron Edlin, a panelist at the event. “More students will turn to graduate or professional schools.”

Aaron Edlin Studies Statistical Impact of One Vote

Associated Press, Nov. 2, 2008 by Seth Borenstein

“If you’re in New Mexico, you have a better chance of having your vote matter than winning the New York Lottery,” said study co-author Aaron Edlin, a professor of economics and law at the University of California, Berkeley.

Aaron Edlin Urges Quick Action to Fix Economy

San Francisco Chronicle, Oct. 3, by Carolyn Said

Aaron Edlin … said the way to “quash the financial firestorm” is to “build a firebreak and prevent bank runs.” Raising depositor insurance to $250,000—a new component of the bailout package—”is a good start, but I would make it unlimited, at a price of course.”

Aaron Edlin Hedges His Bets on Financial Bailout

San Francisco Chronicle, September 27, by Sam Zuckerman

“I’d give the government a 50 percent chance of stabilizing the markets,” Edlin said. “The reason for optimism is that there will be an enormous amount of money. The reason for pessimism is that nobody knows how the money will be spent.”

Aaron Edlin Criticizes Treasury Secretary Paulson’s Original Rescue Plan

San Francisco Chronicle, September 23, by Sam Zuckerman

“Paulson asked for a blank check of $700 billion from taxpayers, with absolutely no controls or judicial review,” said Aaron Edlin, a professor of economics and law at UC Berkeley.

Aaron Edlin Favors Mandating ‘Pay-As-You-Drive’ Insurance

Contra Costa Times, July 12, by John Simerman pay-as-you-drive consumers will drive less and save, meaning less revenue…. “Insurance companies have some limited incentive to adopt pay-as-you drive insurance—if they want to be a niche company and specialize in serving low mileage drivers,” Edlin said. “However, they don’t have nearly the incentive that they should have.”

Aaron Edlin Weighs In on Yahoo-Google Partnership

Reuters, April 25, by Anupreeta Das

“The general rule would be that if the arrangement substantially limits competition in some aspect of their business, that would be problematic,” said Aaron Edlin…. “Collaboration that comes short of merger is much more apt to pass muster before antitrust authorities,” he said.

Aaron Edlin Originates Pay-As-You-Drive Insurance

New York Times, April 20, by Stephen J. Dubner and Steven D. Levitt

“I was a graduate student at Stanford,” he says, “and I drove maybe 2,000 miles a year. But I paid roughly the same $1,000 as if I’d driven 10 times as much, which was a huge portion of my budget.”