Venmo, The Public Version

– January 19, 2020

As Vice reports, New York lawmakers want to create a “public Venmo.” Venmo, which is owned by PayPal, allows users to make person-to-person payments. Under the proposal, New York State would build and operate its own Venmo-like payments platform.  …

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Alternative Non-State Forms of Governance

– January 9, 2020

For many problems, though, non-profits have trumped governments and for-profits, including mutuals. People need to remember the non-profit option before turning to governments or for-profits for aid.

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Where are the Flying Cars?

– January 6, 2020

We have good planes, good helicopters, good drones, and good cars. In the end, maybe they just need to be different things, for a while longer.

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Financial Services and Hate Speech

– December 17, 2019

The battle over financial deplatforming isn’t going to go away. Before we act, let’s be sure we’ve thought things over.

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Manual Labor Will Be Revived

– December 11, 2019

In fact, one outcome of AI and automation may well be a revival of manual labor and of the traditional working class — maybe becoming more like an artisan class again.

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Why Passenger Railways are Terrible and Freight Railways are Amazing

– December 11, 2019

American railways are the envy of the world.  Many might shake a collective head at that statement. In the case of passenger rail that is an appropriate reaction. Since it was pieced together – a government-constructed Franken-rail system built of …

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What’s Good and Bad about Automation

– December 7, 2019

What automation of any kind does is to make work more productive and hence to free up time and resources by increasing the intensity of the use of resources.

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Hiding Likes Can Make Instagram Better Than Ever

– November 22, 2019

Is the “popularity” contest that has become vanity platforms like Instagram contributing to the content experience? Or is it just introducing social pathologies?

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Don’t Hand Over Your Money to Uncompetitive Banks

– November 21, 2019

Having lived abroad for most of the last seven years, I am painfully aware of the challenges that emerge from having incomes, assets, and costs in different currencies. Sometimes that yields you unexpected windfalls, like when the British pound (GBP) b …

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The Great Lesson of Vision Fund

– November 15, 2019

A central plan is not a business plan. Even a private sector central plan is doomed to fail.

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Wealth Is About Much More than Physical Things

– November 5, 2019

We shouldn’t let our inability to measure increased wealth convince us that we aren’t making progress.

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Elizabeth Warren’s Anti-Consumer Plan to Break Up Big Tech

– October 29, 2019

Should Senator Warren or others choose to apply a decades-old rulebook to split up or regulate Amazon and Google, their lack of innovation risks costing consumers dearly.

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