What Consensus? Ideology, Politics and Elections Still Matter

This article, which was prepared for an ABA Antitrust Section Panel, discusses the role of ideology and politics in antitrust enforcement and the impact of elections in the last twenty year on enforcement and policy at the federal antitrust agencies. The article explains the differences in antitrust ideologies and their impact on policy preferences. The article then uses a database of civil non-merger complaints by the DOJ and FTC over the last three Presidential administrations to analyze changes in the number, type and other characteristics of antitrust enforcement. It also discusses change in vertical merger enforcement and other antirust policies such as amicus briefs, reports and guidelines. The article concludes that elections do matter and that the impact of elections on the DOJ and FTC has differed significantly

Preliminary investigations of the tsunami hazard of Kick'em Jenny submarine volcano.

Kick'em Jenny is a submarine volcano situated 9 kilometres north of Grenada in the Lesser Antilles. A preliminary study suggests that the volcano is a prime candidate for tsunamigenic eruptions on a potentially hazardous scale, possibly affecting the whole of the Eastern Caribbean region. The uniqueness of individual volcanic eruptions means that attempts to generalise tsunamigenic mechanisms are extremely tentative. However, the theory of underwater explosion generated water waves is applicable to submarine volcanoes to model explosive eruptions. Using this theory, initial maximum ocean surface displacements are calculated for Kick'em Jenny hydroeruptions, corresponding to various event magnitudes (up to a lsquoworst-casersquo scenario eruption on the scale of Krakatau, 1883). Wave propagation theories are then applied to the resulting tsunami wave dispersion, before beach shoaling equations are used to estimate the maximum tsunami run-up at adjacent coastal areas. Maps of the region have been prepared showing the paths of the wave-fronts (ray-tracing), travel times and maximum wave run-up amplitudes along coastlines. Finally, an attempt is made to assess how great a hazard the volcano represents, by considering the probability of each magnitude event occurring