When It Comes to Big Tech and Monopoly Power: Patience is a Virtue, Antitrust is a Vice
“Whether it’s Lina Khan at the FTC or Sens. Amy Klobuchar and Elizabeth Warren in Congress, antitrust advocates should take a hard look in the mirror. The only true monopoly within the US marketplace is where these politicians are fulfilling their posts.” ~ Kimberlee Josephson
READ MOREWhat the US Can Learn From Taiwan’s Success in Chip Manufacturing
“Taiwan’s semiconductor companies succeeded not because of grants and subsidies, but from their ability to innovate and respond to the pressures of a competitive market.” ~ Larisa Jacono
READ MOREThe Amazing Cargo Ship
“Like the trade that’s carried out using cargo ships, all trade – from the simplest to the most complex – works wonders. Trade allows each of us to turn our unique talents into the fruits of the talents of everyone with whom we trade.” ~ Donald J. Boudreaux
READ MOREDelivering on the Promise of Platforms
“The mistake of outsiders was to see Amazon as a bookseller; since books were a dying business (not true, actually), having a web site to sell books had limited upside at best, even if Amazon could survive against the market power of Barnes and Noble and the other bookstore behemoths.” ~ Michael C. Munger
READ MOREThe Myth of Rural “Assistance”
“Just as in the New Deal electrification boondoggle, it is a much better value, from a bureaucratic perspective, to waste taxpayer money than to allow organic, free-market solutions to beat them to the punch.” ~ Paul Schwennesen
READ MOREThe Case for User Accountability and Keeping Section 230
“It is in the best interest of any platform or search engine to flag, block, or report that which does not adhere to its terms of service, especially when illegal activity is discovered. And it is in everyone’s best interest for the tech industry to retain the right and protection to do so.” ~ Kimberlee Josephson
READ MOREThe Power to Regulate Is the Power to Control
“The ‘chilling effect’ of government censorship by corporate proxy has Americans on an icy slope that bottoms out in the sort of political slavery feared by the Founders and Framers.” ~ Robert E. Wright
READ MOREChatbots Killed the Academic Star
“The standard career strategy (‘write and publish a whole bunch of papers even if no one ever reads them’) will no longer be viable. It’s not clear this is bad, in most disciplines.” ~ Michael C. Munger
READ MOREEmbrace Dynamism: The Future and Its Enemies at 25
“The Future and Its Enemies is a well-written, lucid argument for decentralized progress and the intellectual, political, and commercial liberty that makes it possible.” ~ Art Carden
READ MORETaxation in the Data Economy: The ‘Invisible’ Competition
“It remains to be seen whether data experts and policymakers will come up with a tax that encapsulates ‘fairness, certainty, convenience, and efficiency’ as Adam Smith argued for, but each idea is worth hearing in today’s data-governed market.” ~ Virginia Fournari & April Liu
READ MOREThe Twitter Files: Lenin Would Be Proud
“When your main mission is to do the bidding of the state, rather than serving consumers in the voluntary marketplace, you are not really a private company in the true sense of the term. Your company is not a market phenomenon.” ~ Brian Balfour
READ MOREGoodhart’s Law Explains School Decay
“By disentangling ourselves from measures and rankings, we can return to a focus on what education does for the human mind, not just the data sheets.” ~ Laura Williams
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