MG_0819

Massachusetts’ Addiction to Regulation Keeps Most Pot Sales on the Black Market

– August 19, 2019

Massachusetts has not legalized cannabis products so much as entered the drug market via a handful of chosen franchisees, with the extra competitive advantage that you could be fined or jailed if you buy from the competition. Let freedom ring.

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MG_0815

Social Media’s Bumpy Ride to Better Ideas

– August 15, 2019

Social media is a dynamic evolutionary process that can lead to better ideas, but the path often isn’t pretty.

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barista2

A Job Is Not Alienating; It Is Empowering

– August 11, 2019

Beware: every theory that posits that your job is alienating is a ruse to draft you into a new form of collective identity in which you will have fewer choices.

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equality vs equity meme

An Answer to That Viral Equality Meme

– August 9, 2019

Free market capitalism naturally seeks ways to be inclusive by trying to attract a wider consumer base.

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MG_0802

The FTC’s Strategy Against Facebook is Bad Economics

– August 2, 2019

The theory that Facebook acquired Instagram and WhatsApp primarily to squelch future competition represents a view of antitrust that is simplistic and naive. It also endangers a startup business model that has produced incalculable benefits through innovation.

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cleaningup

To Put Down People’s Jobs Is Brutal and Uncomprehending

– July 16, 2019

Should I ever have the chance to meet Faye Lewis, I will soundly congratulate her for her fabulous striving, for her inevitably imperfect, yet wildly-admirable journey.

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gordong

Greed Is Good, but Not for the Greedy

– June 27, 2019

The greed of the wealthy for showing off has led to a remarkably wealthy society, the most egalitarian culture the world has ever known. 

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overtime

Incredibly, that Overtime Regulation Is Back

– June 14, 2019

The administration’s lack of principles opens wide the door for the Democrats in Congress not only to introduce an overtime bill that goes far beyond the Trump rule but also beyond even the Obama ceiling. And as expected, they just jump at the chance to do just that.

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virtualreality

The Future of Public Goods

– June 6, 2019

Non-excludability is really just a technological problem, because the ability to charge and withhold access is beyond our reach, at least at reasonable cost. But that’s changing, fast.

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MG_0604

The Real Issue in Tech Antitrust: Where’s the Harm?

– June 4, 2019

No matter one’s opinions on antitrust and big business, arguing that the big tech companies’ primary impact on our economy and lives has been anything but positive and even revolutionary is difficult.

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dadandkidshopping

The Market Is a Vast Network of Benevolence

– June 2, 2019

Countless minds and countless hands have contributed to the slow march of civilization and helped to create a modern world (one fraught with problems, which I don’t minimize) in which I can perform innumerable operations closed off to previous generations without thinking about them.

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closetstuff

Everything You Have Is Worthless

– May 23, 2019

Whether you keep your stuff or not is up to you. But it is not up to you what price your stuff will elicit on the open marketplace.

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