progressgears

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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goodsamaritan

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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edisonphonograph

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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cleaningup

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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beattles

All Music Is Derivative, Gloriously So

– July 11, 2019

Entrepreneurs from around the world (including China) want to “steal” or imitate the clever doings of creative minds in the U.S because the U.S. is the most prosperous and creative nation in the world. Pundits view this as a threat, think we should empower the federal government to penalize the theft, but the much bigger worry would be if the creative found nothing worth emulating.

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Dear Taylor Swift: The Trouble with Copyright Is Deeper Than You Know

– July 9, 2019

Instead of worrying about the rights over her songs falling into the wrong hands, she should understand that unleashing her work from the tight grasp of IP’s claws would benefit her, as it would set her apart from other artists, and benefit all humankind, as others would be able to improve on what she’s done.

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nyskyline

Almost Everything People Say about Big Business Is Wrong 

– June 28, 2019

For all its imperfections, American business does a pretty good job — a much better job, Cowen argues, than most people think, and I, for one, agree.

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gordong

Greed Is Good, but Not for the Greedy

– June 27, 2019

The greed of the wealthy for showing off has led to a remarkably wealthy society, the most egalitarian culture the world has ever known. 

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