Individual freedom plays a central role in Immanuel Kant’s moral and political philosophy. He writes, “Freedom (independence from being constrained by another’s choice, insofar as it can coexist with the freedom of every other in accordance with a universal law, is the only original right belonging to every man by virtue of his humanity.” Kant’s moral and political philosophy both center on freedom.
READ MOREAs our society grows ever more complex and technologically advanced, controlling it from the top down is increasingly like herding cats. Attempts at more top-down control, though well-intentioned, won’t work. Rethinking governance itself is an even more challenging path, but offers a multitude of reasons for hope.
READ MOREEven as the US is pulling inward, demonizing foreign nations, calling everyone in the world a cheater, China is aggressively opening to the world, negotiating bilateral trade pacts with every nation it can and another 14 multilateral trade pacts. More goods and investment coming and going – this seems to be the Chinese credo. It is winning them wealth, prosperity, and good will the world over.
READ MORERight now, Facebook faces massive competition from other platforms in social media, copycats, and alternative uses of people’s time. In some ways, it’s the best possible moment to call on government to institutionalize Facebook as a form of public utility. That might actually be the end game that Zuckerberg has in mind. Then the politicians can update their timeline status: today we passed regulations that brought this wayward company to heel.
READ MOREThe car was the foundation of the second industrial revolution. Encroaching government regulations are robbing it of its future. We once dreamed of a flying car. The regulators are putting us in the position of just dreaming about returning to the glory days of the 1970s. That’s just pathetic.
READ MOREThe enthusiasm for imperious government impositions at the level of cities and states has waned dramatically. Governments are out of money. More importantly, they are out of ideas. All the most exciting innovations of our time come from the private sector and the brilliant process of market competition. With stretched budgets and a dearth of new ideas, government has nothing to lose by just selling assets lot by lot.
READ MOREThere is real inspiration to be had by looking at the iterative process of innovation, how that funny little machine from 1883 gradually evolved into the tiny payment processing units we use routinely today, an epic story of improvement in machinery in which the current stage is knitted to all previous stages through an invisible thread of passion for solving problems and serving others.
READ MOREIt used to be a cliche to observe that libertarianism is neither left nor right. I don’t hear that much anymore, so it needs to be restated. Mostly it needs to be understood. Left and right emerged in the 19th century as a revolt against liberalism. They each favored different forms of statism to push back against the progress liberty was making possible. It remains the same today.
READ MOREThe continued growth of mobile money should excite anyone who believes private sector innovations are the best means of achieving sustainable economic and financial development across the developing world.
READ MOREThe fall of the Oscars is only one sign of a larger trend. Technology fueled by economic considerations has given people more options than ever. We are curating culture according not to some mythical “national” sense of things but rather in accord with our individual preferences. This is happening now simply because we can. The economic trajectory of technology has made it possible. Any institution that strives to embody some mythical ideal of a unitary culture will fail.
READ MOREThere are many wonderful things in the world, but right now I want to talk about a product of the human mind that is a material celebration of the potential for creativity to overcome and rise above the state of nature. To put it briefly and simply, I’ve found a toilet plunger that embodies the essence of the human drama and reveals why humanity, despite every strong-armed attempt to stamp out progress and subvert the good life, somehow manages not only to survive but thrive through the ages, including even our own.
READ MOREYes, I’m suggesting a series of dramatic changes to the way employment works. No more payroll tax. No more withholding. No more health-care mandates. No more mandates of any kind. And no more policing of either hiring or firing by the state. In other words, free the market. Economic exchange is about equal power between negotiators, which only means that the same rules should apply to everyone. The more we mess with the freedom of contract, the more we privilege one party over another, with sometimes unpredictable results.
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