The Worst Regulation Ever Proposed
It would let bureaucrats at the new Federal Automation and Worker Protection Agency sit in judgment of what constitutes beneficial forms of innovation and ask them to predict or plan our technological future.
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Conservative Plans for Tech Amount to Forced Association
What is the right principle? It is this: consent — by both parties.
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It’s Not the End of Agriculture as We Know It
Modern agricultural technologies and long-distance trade have benefitted the environment by concentrating food production in the best locations and by drastically increasing yields.
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How Regulation Wrecks Innovation
Many laws and regulations create direct or indirect barriers to the emergence of new ideas and organizations.
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Global Capitalism Makes Your Hipster Minimalism Possible
Global capitalism has made possible our aesthetic choice for minimalism. The infinite complexity of the global division of labor and international supply chains makes our simplicity seem easy.
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Is Facebook’s Libra the Dollar’s Killer App?
Facebook’s Libra is easily and probably rightly criticized by crypto purists as a halfway house that makes too many concessions to legacy systems and plays too nicely with the existing regulatory system. All true. But that’s not where the story ends.
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Corporate Broadband Has an Agenda; Their Lobbying Portfolio Proves It
Crony capitalism comes in different shapes and sizes, with policies like bailouts, trade barriers, tax credits, and subsidies all benefiting certain companies at the expense of their competitors.
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Sen. Hawley’s Moral Panic Over Social Media
Forcing social media sites to “disappear” or be broken up is one of the worst ways to deal with these concerns.
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Amazon’s “Tiny Kiosk” Democratizes Wealth Creation
These easy-to-assemble retail kiosks aren’t just a great example of the market’s ingenuity, they are also proof that the market provides an answer to customers’ needs, even if these needs are the product of artificial barriers imposed by the government.
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Marriott Finally Realizes That Competing With Airbnb Beats Lobbying Against It
When companies are allowed to compete openly, without resorting to the government for special protections that keep competitors at arm’s length, some firms may even suffer as they try to adapt to better serve their customers. But in the end, it is the consumer who benefits the most as more companies means more options and more affordable prices.
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Do You Suffer From Social Anxiety? Uber Is Here for You
The firm has been in the business long enough to notice that certain users just don’t like to chat with their drivers. In order to keep these users happy (and prevent them from using another service in the future), Uber is rolling out a new “Quiet Mode” feature that gives the passenger the ability to pay more for a peaceful and undisturbed ride.
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Science Alone Will Not Create Prosperity
Modern knowledge of physics clearly is not a sufficient condition for mass prosperity. If it were, Soviet citizens in the 20th century would have been just as prosperous as American and Canadian citizens.
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