walstreet

Capitalism in Three Principles

– April 24, 2019

Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.

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Spider-Verse

The Unending Creativity of the Spider-Verse

– April 24, 2019

So long as there are new ways to think about the conflict between someone who has been bitten by a radioactive spider, a crime lord who has lost his family, and a mad scientist with mechanical tentacles, there will be room for economic progress.

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policecar

How Police Often Make Roads Unsafe

– April 23, 2019

The core issue is twofold: public ownership of the roads and no stockholders/owners in charge of security services who are answerable to consumers. The result is exactly what you get from socialism: random chaos, coercion, and lack of accountability.

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candles

There Is No Faith Without Volition

– April 22, 2019

The core of all three major religions is on individual faith, independently arrived at conclusions arrived at through persuasion, and the voluntary pursuit of worship. This is something to be celebrated, along with Passover, Easter, Bara’a Night, or whatever you have voluntarily decide to believe is holy.

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marketliberalism

Free Market Liberalism Is Needed More Than Ever

– April 16, 2019

Various political and ideological trends have often seemed inevitable and irreversible — until they have changed! And it can happen again — if only friends of freedom at least try.

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MG_0410

Supporting Free Markets Means Rejecting Perfect Competition

– April 10, 2019

The theoretical perfection of markets is not a valid argument against government intervention, nor is it a valid reason for governments to intervene in service of that ideal.

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Screen Shot 2019-04-08 at 11

US Charges Against Facebook Threaten Social-Media Economic Model (Video)

– April 8, 2019

The Trump administration has filed a lawsuit against Facebook with the claim that the company is guilty of redlining. At issue are the tools that allow advertisers to target ads. The problem is that this attack fundamentally threatens the economic model that makes social media work. 

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marketfamleave

The Market Provides the Optimal Amount of Family Leave

– April 8, 2019

Why do some conservatives believe that family leave plan is necessary in the first place?

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repairphone

Do You Have a Right to Repair? Yes and No

– April 8, 2019

This is not the free market at work. It is government intervention that steals the language of market competition to invalidate property rights and contracts.

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goldenrule

The Golden Rule Requires Markets

– April 7, 2019

If we want to follow The real Golden Rule, and we should, we shouldn’t force people to make the exchanges they would otherwise refuse in absence of coercion.

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lyftuber

Why Uber’s Business Model May Not Be Viable

– April 1, 2019

The sharing economy, fueled by the internet’s capacity to match small buyers and sellers, looks like a revolutionary business model. But for this model to be sustained, there must be a reliable source of long-term profits.

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digitalworld

Wealth Has Never Been More Equal

– April 1, 2019

In terms of information access and the opportunity to learn and share knowledge, we’ve never been more rich and equal.

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