Free Enterprise

Thursday, March 28th, 2019

Social media companies like Facebook obviously want to comply with the law, but they would also like to stay in business. That business depends fundamentally on targeting based on some demographic grounds. If a consistent application of non-discrimination law means that advertising has to become completely random to be compliant, Internet economics will experience the fate of countless public housing units in the past: it will be completely demolished.

Saturday, March 16th, 2019

As with all innovations, we went from deprived to entitled in a relatively short period of time. The age of not knowing became the age of knowing in a few short years, all thanks to astonishing innovations in service of making the world a better (but never perfect) place.

Tuesday, March 5th, 2019

Just as we come up with ever-newer ways to combine materials into new goods and services, people are constantly coming up with new ways to combine sounds into music.

Monday, March 4th, 2019

You are not in it for the money? That might be the source of the problem. 

Friday, March 1st, 2019

By the time the talent reaches our eyes and ears, the hard work is done. We see only the finished product. In our attempt to discern the difference between their level of awesome and ourselves, we reach for the easiest answer: the person must have been born this way. It just comes naturally.

Wednesday, February 27th, 2019

Every new technology comes with an awkward stage of adoption, during which time people get manipulated and break every kind of rule of propriety until they figure out a better way.

Wednesday, February 20th, 2019

The death of Lagerfeld does not mean the certain and forever death of elegance. His death might shock us all into a new sensibility that helps us all see what he saw: if we want the world to be beautiful, we have to make it so.

Thursday, February 7th, 2019

No, we do not exist to serve markets; markets exist to serve all people through the freedom to create, trade, and live a better life.

Monday, February 4th, 2019

Advertising, an extension of the freedom of speech, is ultimately about celebrating that of which Gladys Knight sang: “the land of the free.”

Monday, February 4th, 2019

This ambiguity of the verb “to want” means that we must beware of political polls.

Sunday, February 3rd, 2019

Want to become a champion of liberty? Eschew historicism. Be suspicious of grand millenarian eschatologies. Learn to love the little things in life. Celebrate every individual’s right to choose how they live their lives. Smile when you think of every box of chocolate given and received this February 14th.

Tuesday, January 29th, 2019

And so what do we do with this thing we call time? We make the best of it. We make it matter. How much? As much as we can comprehend. The mechanical clock, by dividing the thing we call the second into two parts, tick and tock, allows us to discern that our life is limited, that we cannot waste it, that the clock will go on long after we too pass from this world.

Thursday, January 24th, 2019

The modern idea of freedom was born with the rise of the commercial economy and the independence of its business sector. That independence should be sacrosanct.

Monday, January 21st, 2019

Material acquisition and love of one’s neighbor are harmonious. It’s the combination of the two that makes up the driving force of economic progress.

Tuesday, January 15th, 2019

The libertarian movement, in all its diversity, spends a lot more time arguing for less government than it does advocating better, smaller, more-voluntary private institutions of governance.

Monday, January 14th, 2019

The American economy will continue to improve only if markets are left sufficiently free to overwhelm the innumerable obstructions, diktats, and other burdens that governments, at all levels, inflict on us as we attempt to peacefully pursue our commercial and household affairs.

Thursday, January 10th, 2019

Everyone will get fired at some point in a career. Whether you turn this to the good in your life is up to you.

Wednesday, January 9th, 2019

Baseball teams are judged on wins and losses, and firms in the marketplace are “judged” by profits and losses. Since performance is objective, there is far more pressure on participants to put aside their prejudices and personal preferences.

Thursday, January 3rd, 2019

The model of government ownership and management is an anachronism. Change the fundamentals. That way, we can look back at these days and say with confidence: we did good.

Wednesday, January 2nd, 2019

If nuclear power is cheap, clean, and efficient, of course, that spells trouble for traditional fossil fuel producers and users.