Topic: Technology

Bitcoin Is ‘Resistance Money’

– June 14, 2024

“Freedom money, wielded by its users and resistant to capture, identification, and censorship, doesn’t dispel unfair laws or make evil rulers go away — but almost nothing else does that either.” ~Joakim Book


AI Eases Its Own Labor-Market Transitions

– June 11, 2024

“Not long ago, search engines like Google were not understood by the masses, which forced people through experience to learn how to ‘Google’ webpages in the proper way. Submitting a search query is similarly a new language to learn, just like prompting a language model.” ~Samuel Crombie and Jack Nicastro


FISA Destroys the Rule of Law

– May 22, 2024

“Evidence…cannot be challenged by opposing counsel and are highly classified. This has resulted in the drone-like ‘rubber stamping’ of warrantless surveillance conducted without oversight or challenge.” ~Spence Purnell


The Magic Food Cupboard

– May 8, 2024

“Every small aspect of the work that people do to deliver and stock those Whole Foods grocery shelves is noble, in its own way. Dismissing the parts as meaningless fails to understand the power of the larger system.” ~Michael Munger


Apple’s Big Business: Mises is Right, Sen Warren is Wrong

– May 7, 2024

“The government’s ever-growing interest in deterring business expansion, along with granting federal agencies greater say over marketplace matters, is a complete disservice to our nation’s progress.” ~Kimberlee Josephson


Unlimited Growth, Forever

– May 6, 2024

“Every popular scare of the past has been side-stepped, improved, or solved, by one or another human effort, usually serendipitously and rarely at all with well-meaning bureaucrats directing the process. ” ~Joakim Book


A Marxist Economist Explains Why Socialism Could Never Create a PS5

– April 30, 2024

“A clip going viral on social media reveals that this marvelous invention could only be produced in a capitalist system.” ~Jon Miltimore


AI Opposition: Economic and Philosophical Sophistry

– April 5, 2024

“Economic growth is by far and away the most far-reaching and compounding good mankind has ever experienced — the very phenomenon responsible for modern infrastructure, schools, and health care.” ~Jack Nicastro and Samuel Crombie


Industrial Policy’s Short-Run Booms Risk Long-Term Failures

– March 28, 2024

“Small firms like GF will enjoy morsels, but legacy firms like Intel — who are already more immune to market shocks and decline — make subsidies into a buffet.” ~Ryan M. Yonk and Jacob Bruggeman


Wendy’s Won’t Use Dynamic Pricing – But Should They?

– March 4, 2024

“The discount shelf in your lower supermarket is emblematic of the same process as well, albeit in the opposite direction. Variable pricing permits improved resource allocations, including of labor, by responding to real-time conditions.” ~Peter C. Earle


Bitcoin Scoops Up Stranded and Excess Power

– March 4, 2024

“Overbuilt facilities generate excess capacity, waste resources, and are only needed in extreme events. A consumer-of-last-resort could secure electricity grids and monetize their resilience.” ~Joakim Book


US Can Thwart the CBDC Onslaught

– February 9, 2024

“The argument that lagging digital dollar development is necessarily bad for Americans ignores a long history of US government promises about gathered data and its use.” ~Peter C. Earle