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Why Unregulated Capitalism Always Leads to Enshittification
Why Unregulated Capitalism Always Leads to Enshittification (right click to open chart in a new tab, or click here, to view full-size; like everything on my blog, my graphics are covered by Creative Commons licence) Lots of ideas work well in theory, but many of them don’t work out so well in practice, especially when the idea becomes […]
California Democrat: “I Would Love To…Regulate The Content Of Speech”
California Democrat: “I Would Love To…Regulate The Content Of Speech” One California Democrat has finally admitted what we all knew, that politicians in government want to end free speech permanently. Representative Ted Lieu said he would “love to be able to regulate the content of speech” during an interview Wednesday. Lieu admitted that the only reason […]
Savings–Not Tariffs Will Make America Great Again
Savings–Not Tariffs Will Make America Great Again While the farcical Kavanaugh confirmation hearings dominated the news cycle for the past couple of weeks, little mention was made of a disturbing economic headline – the August US trade deficit. Despite all the bluster from the Trump Administration about “winning trade wars” and “trade wars are easy,” […]
Our “Prosperity” Is Now Dependent on Predatory Globalization
Our “Prosperity” Is Now Dependent on Predatory Globalization Nowadays, trade and “prosperity” are dependent on currencies that are created out of thin air via borrowing or printing. So here’s the story explaining why “free” trade and globalization create so much wonderful prosperity for all of us: I find a nation with cheap labor and no […]
Senate Democrats Are Circulating Plans for Government Takeover of the Internet: Reason Roundup
Senate Democrats Are Circulating Plans for Government Takeover of the Internet: Reason Roundup Plus: Testing telemedicine abortion and 3D printed guns. Douglas Christian/ZUMA Press/Newscom All your base are belong to us. A leaked memo circulating among Senate Democrats contains a host of bonkers authoritarian proposals for regulating digital platforms, purportedly as a way to get […]
The Limits of Free Markets, Both Economic and Intellectual
The Limits of Free Markets, Both Economic and Intellectual Both in economics and speech, the market is a powerful metaphor. Free economic markets are efficient, and produce the greatest good for the greatest number of people by the fair interplay of sellers and buyers. The marketplace of ideas is supposed to produce truth, and maximize […]
Neo-Liberalism: From Laissez-Faire to the Interventionist State
NEO-LIBERALISM: FROM LAISSEZ-FAIRE TO THE INTERVENTIONIST STATE One of the most accusatory and negative words currently in use in various politically “progressive” circles is that of “Neo-Liberalism.” To be called a “Neo-Liberal” is to stand condemned of being against “the poor,” an apologist for the “the rich” and a proponent of economic policies leading to […]
Why ‘overregulated’ California is leading the way
Why ‘overregulated’ California is leading the way Ideologues hate it when the facts get in the way of their theories. California’s Gov. Jerry Brown signed trailblazing legislation last week that commits the state to audacious greenhouse gas emission reductions by 2030 of 40 percent below 1990 levels. Not surprisingly, longstanding critics from the business community were howling once […]
Sometimes You Just Have to Go With the Flow When Nothing Flows
Sometimes You Just Have to Go With the Flow When Nothing Flows The central banks are clueless and have no control over the economy. This whole thing reminds me of Australia. I loved going into the Outback, driving through rivers, and seeing ant hills that were taller than the Jeep. I was invited to go […]
It Takes a Village to Maintain a Dangerous Financial System
It Takes a Village to Maintain a Dangerous Financial System Abstract: I discuss the motivations and actions (or inaction) of individuals in the financial system, governments, central banks, academia and the media that collectively contribute to the persistence of a dangerous and distorted financial system and inadequate, poorly designed regulations. Reassurances that regulators are doing […]
The Keys to Human Prosperity: Individual Liberty and Rule of Law
THE KEYS TO HUMAN PROSPERITY: INDIVIDUAL LIBERTY AND RULE OF LAW We live at time when, increasingly, the U.S. government operates in arbitrary and discretionary ways. Government regulatory agencies seemingly have unrestrained powers over land-use, business manufacturing and enterprise, the workplace and the environment under broad legislative mandates. And proposals are now frequently being made […]
Is it Government or Oligarchs?
Is it Government or Oligarchs? QUESTION: Martin, I am a capitalist and what we have today is the least efficient form of capitalism. Actually it is quite a destructive and dangerous form of capitalism when the concentration of power reaches this level. I think that in all these years that I thought we were talking about different […]
The Re-enserfment of Western Peoples
The Re-enserfment of Western Peoples The re-enserfment of Western peoples is taking place on several levels. One about which I have been writing for more than a decade comes from the offshoring of jobs. Americans, for example, have a shrinking participation in the production of the goods and services that are marketed to them. On […]
