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George Gilder’s recent book might be his biggest seller yet, and this is after a career of rocking both the intellectual and political worlds with visionary works that have anticipated and then defined the technological and policy trends of the times. His book is Life After Google, and its focus is on the rise of decentralization in what he called the Cyrptocon. He explains why the tech giant’s business model may not work in the future and how the cryptocon will provide a replacement.
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It is quite true that a standard bilateral fee-for-service arrangement would fail to provide enough lighthouses — at first. But that failure would have consequences.
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Madison would be horrified to see the extent to which his federalist vision has failed to endure. Fiscal power has become increasingly centralized, with the federal government taking over more and more state functions.
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Producers, on average, capture a 2.2 percent of the total benefits of their successful introduction into markets of technological advances. A whopping 97.8 percent of those benefits are enjoyed by people each of whom as a consumer did nothing other than exercise his right to spend his money on those options that he judges best for himself.
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What a recent academic hoax reveals is a pervasive problem of declining scholarly rigor afflicting certain parts of the academy.
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Twenty years from now, people will look back at our current practices of exclusive ownership and storage with bewilderment. They will wonder what life was like before platforms made our lives richer, better, and less wasteful.
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The singer should become more educated as to how the number one perpetrator of racism in her state operates. And when that day comes then perhaps she will be using her star power to be part of the call for complete criminal justice reform — an even more meaningful political revolution.
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Remember when Republicans under the previous President fought for some semblance of fiscal responsibility and for a return to regular order in the budget-making process? That time is long gone.
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The violent hatreds, tribalisms, acts of revenge, and never-ending escalation of the war between left and right (and between races, religions, sexes, and classes) are exactly what you would expect to get when you attempt to organize life according to the zero-sum game that is politics.
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“I tried to think of anything in nature that could compare. I thought of huge animals on safaris, of glorious birds, or gigantic sea animals. I thought of huge mountains, great canyons, and terrifying bodies of water. Nothing compares. Then it dawned on me: humankind has created something truly astonishing here.” ~ Jeffrey Tucker
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Net neutrality rules do nothing to make internet access more fair. More regulations only create the perfect environment to encourage monopoly, making access to the wide web even more restricted and expensive.
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The result of a century of coerced forms of social organization is exactly what you see and what so many decry as the fracturing of consensus in society. What’s miraculous is that we have somehow survived regardless of the nonstop attacks on liberty, property, and free association.
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