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Quotation of the Day…

… is from page 127 of Frank Easterbrook’s superb 1989 paper “Ignorance and Antitrust,” which first appeared in published form in Thomas M. Jorde and David J. Teece, eds., Antitrust, Innovation, and Competitiveness (1992) (footnote deleted):

Ignorance and uncertain inference are the norm in antitrust. They are doomed to remain so….