How to Handle the FAANGs

“Consumers won’t thank antitrust enforcers for repeating the mistakes of the past.” —Jessica Melugin, Competitive Enterprise Institute Previously in this series: “Laissez-Faire vs. the Progressives: Antitrust Is More Interesting Than You Think, Part IX” The so-called Chicago School approach to antitrust enforcement has many fathers and they rarely agree on much. In addition, the school …

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Fit Facts: Hard Truths about Diet and Exercise

Question: “There’s so much information available about dieting and exercise. I’m not sure what to believe. How do I separate fact from fiction? I feel your pain! There is an enormous amount of material available through workout videos, diet and exercise books, health club promotions, fitness equipment companies and the internet. Sifting through information can …

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Just Askin’… Derek Shelton

Q: What’s the most interesting thing about your job? A: The wide variety of people I interact with on a daily basis. Q: What’s the best advice anybody ever gave you? A: To do your job right the first time. Not half-assed. Q: How do you start the day? A: I drink a lot of …

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The State of Higher Ed: CMU, Bethany, Grove City

We asked the presidents of the region’s colleges and universities to answer this question: As we move closer to the end of the pandemic, what strengths, weaknesses, opportunities and threats have become more apparent to you for your institution than they were pre-pandemic? Farnam Jahanian, Carnegie Mellon University The pandemic has accelerated many of the …

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The Blackberry: The Humblest Jewel

If you were tasked with designing a wild fruit to represent western Pennsylvania, you might come up with the blackberry. Its familiar, arcing canes spread over logged hillsides and reclaimed strip mines, beside railroad tracks and across abandoned farmland reverting to woods. Blackberries are an unplanned bonus from hard-used land. Such a luscious treat, blackberries …

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Laissez-Faire vs. the Progressives

From the date of enactment of the first antitrust laws during the Roman Republic right up to the present moment, there have really been only three theories that have addressed the proper role of a government in controlling anticompetitive behavior. Previously in this series: “Government Missteps: Antitrust Is More Interesting Than You Think, Part VIII” …

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We Need New Blood

Our region is thirsty for blood. On a typical day, Vitalant Pittsburgh (formerly Central Blood Bank) sees 250 blood donors. It needs 600 donors to meet the local demand for blood. “Our region collects less than half of what we need. People’s jaws drop when we say this,” says Mark Giaquinto, president and chief financial …

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Visiting Western Pennsylvania’s Wild and Beautiful Ohiopyle State Park

About 80 minutes from Downtown Pittsburgh in Fayette County is the town of Ohiopyle and one of our area’s natural gems of rare habitats, dense forests, breathtaking scenic areas and whitewater for paddlers — Ohiopyle State Park. Over the past year, visitation to parks, nature reserves and forests has increased dramatically, as people have sought …

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Wactlar, Henderson, Figgins, DeFazio, Corry, Toker

Howard Wactlar, 77: During a career of more than 50 years at the National Science Foundation and Carnegie Mellon, where he arrived in 1967 and went on to hold positions in both the School of Computer Science and the Robotics Institute, Wactlar developed an impressive array of technology and software engineering systems. He helped to …

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Unemployment Falls and Labor Force Plunges

Unemployment fell sharply in southwestern Pennsylvania last month. But the good news is tempered by continued contraction of the regional labor force, which plunged to its lowest level since June 1991, according to the latest Pennsylvania Department of Labor data. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area dropped one full percentage point — from …

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Government Missteps: Let Me Count the Ways

By the mid-twentieth century, antitrust enforcement in the United States had become far more sophisticated than it had been for the first six decades after the Sherman Act was passed in 1890. Unfortunately, the ratio of success-to-fiasco remained roughly constant. Previously in this series: “The Weird Inconsistencies of Trust Busting: Antitrust Is More Interesting Than …

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95th Cinderella Ball Presents Ten Debutantes, Celebrates Service

The 95th Presentation of Cinderella Ball was held on Saturday, June 26, 2021 in Sewickley, Pa. chaired by Cinderella Women’s Committee members Mrs. Laura Kronk and Mrs. Lisa Keefer. For an event that has been held nearly every year since 1924, this celebration was especially poignant as much of the volunteering and events were held …

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Pandemic’s Disruptive Path Still Haunts the Unemployed

Fallout from the pandemic is discouraging a significant number of unemployed southwestern Pennsylvanians from looking for work, even as businesses reopen and COVID cases decline, according to a recent survey. Caring for children, dependent older adults and others was the most common reason for not looking for work that was given by unemployed workers who …

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Pittsburgh Philanthropy

Ask a person from Pittsburgh to define philanthropy and they’ll most likely mention an industrialist such as Andrew Carnegie, or a patriarch named Heinz or Mellon. These economic titans loom large in Pittsburgh. The word “Pittsburgh” and its Gilded Age bequests are so intertwined that some think these industrialists invented philanthropy here. Experiences at Carnegie’s …

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Brother’s Brother Foundation and Blood Science Foundation Host Inaugural Golf Event

On Monday June 21, 2021, Brother’s Brother Foundation (BBF) and Blood Science Foundation (BSF) jointly hosted their Inaugural Golf Event at the Fox Chapel Golf Club. The outing, despite challenging weather conditions, raised money to support local healthcare and educational programs. Brother’s Brother Foundation was established by Dr. Robert A. Hingson in 1958 to assist …

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On Inflation

So many people have asked about my views on inflation that I’m pausing my antitrust series to address the topic. Back to antitrust next week. “If [Biden] succeeds, the President will cast 40 years of economic doctrine on history’s ash heap. But that’s a big if.” — Michael Hirsh, in Foreign Policy In my day …

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Confessions of an Introvert in Pandemic Times

Most people who know me would be surprised to hear that I’m an introvert. Sure, I can be social when I have to. But honestly, social situations drain me. I recharge by coming home and crawling into a dark corner all by myself, much to my wife’s chagrin. You see, I’m an INFJ. In the …

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Lovable and Inimitable

Original research for this story was conducted by the author for a book he co-authored with David Proctor entitled “Pie Traynor: A Baseball Biography.” Hunched over a lathe on a steamy factory floor, Pie Traynor — World Series champion, future Hall of Famer, and the man widely considered the greatest third baseman who had ever …

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The Triumph of “The Current War”

Since the emergence of drama two-and-a-half-millennia ago, the theater’s greatest enemy has always been the plague. It is no coincidence that during the fifth century BCE, as Aeschylus, Sophocles, and Euripides were writing the first great tragedies, Hippocrates was writing the first great medical treatise, called the Epidemics. Theater, unlike virtually any other art form, …

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What a Year. What Now? Part III

Pittsburgh Quarterly asked the region’s top experts to respond to these questions: As the U.S. economy gradually recovers from the pandemic, which sectors of the market do you like now? How are you positioning client portfolios? We thank them for giving readers their responses, which follow. Read part one and part two. Linda Duessel, Federated …

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Flannery, Verrilla, Kudzma, Washowich, Spinabelli, Davis

Tom Flannery, 75: A former Dartmouth football and rugby player who was 6’4” and 230 pounds, Flannery blended an imposing physical presence with a warm, fun-loving personality to become the top headhunter in Pittsburgh. In his role leading the Pittsburgh office of international search firm Boyden, he placed key top executives at countless local corporations …

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Our Sleeping Porch

“There was nothing of the giant in the aspect of the man who was beginning to awaken on the sleeping porch of a Dutch Colonial house in that residential district of Zenith known as Floral Heights. His name was George F. Babbitt.” — “Babbitt” by Sinclair Lewis The joys of a sleeping porch are many, …

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