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To: Bearded One who wrote (23385)6/2/1999 1:48:00 AM
From: Gerald R. Lampton  Read Replies (1) | Respond to of 24154
 
So, it's back to the same old retreads, the same old cast of chartacters from the last time around. Fisher, Farber . . .

I can't believe Microsoft is going to recall Schmalensee. It's almost as if someone on their legal team has a death wish.

The government's key economic witness Tuesday laid waste to the economic analysis of his Microsoft counterpart during testimony in the government's antitrust case against the software giant. Economist Franklin Fisher ripped into the Microsoft witness, a former student of Fisher's, calling his analysis flawed and his thinking “muddled.”

This lead from MSNBC, no less. msnbc.com

As for me, my reading has carried me from the acerbic wit of F.A. Hayek to the even more scathing commentary of Ludwig von Mises as set forth in his treatises, "Socialism" and "Human Action."

Not surprisingly, perhaps, in light of this reading list, I still think the government in this case has a very serious "socialist calculation" problem: how do they plan to prove logically that their proposed remedies to decouple Windows from IE and to regulate the natural monopoly that they have proven Microsoft to be will make consumers better off?

I have yet to see anything that addresses what to me seems like a very important issue, and, maybe I'm wrong, but the more I read, the more convinced I become that it can't be done.