Technology

Thursday, April 25th, 2019

If we truly had a fully free market economy, this type of reaction would always be the norm. It is when crony capitalism reigns supreme that we have instances of companies knowingly pushing products that hurt consumers — with the support and blessing of the government.

Thursday, April 25th, 2019

We need a vision and set of principles to fight back against neo-Luddites and their proposals to slow or stop technological change.

Friday, April 19th, 2019

Today’s neo-Luddite tech critics suggest that we should just be content with the tools of the past and slow down the pace of technological innovation to supposedly save us from any number of dystopian futures they predict. If they succeed, it will leave us in a true dystopia.

Friday, April 12th, 2019
Does the picture of a huddled mass of homeless people outside a robotic coffee shop suggest the ruins of late-stage capitalism? I think not. It represents instead the “great deal of ruin” policymakers create when they make policy as if the laws of supply and demand are optional.
Friday, April 12th, 2019

Government regulation isn’t just bad because it ignores the unintended consequences that restrictions produce over time. Regulation is also bad because it invites cronyism.

Tuesday, April 9th, 2019

If Schumpeter were alive today, he’d have two important lessons to teach us about the techlash and why we should be wary of misguided interventions into the Digital Economy.

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.

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.

Friday, July 21st, 2017

Blockchain technology could be essential to making the cars of the future run.