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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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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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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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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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Is There a Science of Progress?

– August 8, 2019

Even if it proves to be an inexact science, the effort is worth undertaking.

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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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Sometimes Helping People Is the Worst Thing You Can Do

– August 1, 2019

The approach of unconditional help regardless of the results doesn’t work in our private lives. How much worse is it when taxpayers are paying the bill?

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The Myth of American Middle-Class Stagnation

– July 29, 2019

In 1975 a ten-cup drip coffee maker cost the ordinary American worker almost 8 hours of work time; today it costs that worker only 45 minutes.

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Mises, Marx, and the High Art of a Rap Video

– July 29, 2019

The proper framing of the terms of the debate is a remarkable achievement that fundamentally upsets the current political narrative. That’s what this video achieves.

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Trump’s Treasury Secretary Is Wrong About Amazon

– July 25, 2019

The reason why Amazon is beloved by consumers is because it puts the internet to work by making shopping a more pleasant and convenient experience.

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The Capitalist Achievement of Recorded Music

– July 17, 2019

Or in the musical context, the capitalist achievement consists not of softer seats at the opera for the king and queen but access to a practically infinite library for pennies a day.

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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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