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March 05, 2024 | The Sling

Dylan Gyauch-Lewis

Op-Ed Anti-MonopolyFinancial Regulation

The Proposed Merger of Capital One and Discover Deserves Rigorous Scrutiny

Last month, Capital One announced that it plans to purchase Discover in a deal worth $35.3 billion. For their campaign to secure regulatory approval, Capital One is trying to act like a benevolent pro-consumer company that will use economies of scale to lower interest rates and ramp up competition with Visa and Mastercard. But that’s probably baloney. 

July 21, 2023 | The Sling

Dylan Gyauch-Lewis

Op-Ed Economic PolicyMedia Accountability

The Inane Indignation Around Sellers’ Inflation

Conventional economists have been bristling about sellers’ inflation being presented as an alternative to the more staid explanation of a wage-price spiral (we’ll come back to that), but in recent months there have been extremely aggressive (and often condescending, self-important, and factually incorrect) attacks on the idea and its proponents. Despite this, sellers’ inflation really is not that far from a lot of long standing economic theory, and the idea is grounded in key assumptions about firm behavior that are deeply held across most economic models.