Regulation
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On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
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Andrew Ross Sorkin Strives to Improve Markets by Blinding Them
“If politicians were constrained, they wouldn’t have privileged information in the first place. Will Sorkin write about that? It wouldn’t be a serious bet to place. Which is why there’s little reason to take his overwrought hand-wringing about ‘insider trading’ seriously.” ~ John Tamny
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Finance Memes and the Collective Influence of Young Retail Investors
“Much like all other behaviors associated with young retail investors, on their own, they seem reckless but collectively they help shift results in their favor. Sometimes they are simply the right choice despite expert opinion. These trends not only demonstrate an interesting short-term market force but also the permanent introduction of new demand side forces…
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Hope and Freedom in Georgia
“In Georgia you see actual happiness: smiles on faces, quick steps, and light conversations about something other than the virus. The look and feel of the place, with bustling commercial districts and holiday joy everywhere, absolutely startled me. Just being around this scene for a few days lifted my own spirits immeasurably.” ~ Jeffrey Tucker
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Private Charity versus the Political Grinches
“We should not forget the power of the private sector not only in the marketplace of profit-making supply and demand, but in the charitable good works and efforts of voluntary giving in the other institutions of a free civil society. Let us not forget that benevolent caring, sharing and gift-giving is what the spirit of…
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Better Fetters
“Unlike the fetters that are imposed on us by government, those inherent in the voluntary arrangements of capitalism are bulwarks against the aggression of others, whose primary practitioner is government. In other words, effectively defined and enforced property rights create a capitalism that is more effectively fettered and far more productive for all of us…
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The Nanny State Comes for Robinhood
“Massachusetts’ regulatory intentions for Robinhood not only demonstrate a high level of disregard for the decision-making abilities of its citizens, but also a failure to understand the entity it seeks to regulate. The ongoing attempts to place onerous regulations on innovative companies like Robinhood in the name of the public interest are not only misinformed…
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The Teachers Unions are Keeping the Schools Closed
“At this point, confusion or debate over school openings is completely unfounded. We knew of the extremely low risk of Covid-19 for children in April.” ~ Amelia Janaskie
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American Antitrust, Déja Vu
“This sounds awfully familiar. In fact, this pattern has been repeated a number of times in American history since the beginning of the 20th century. An innovative company springs up from nothing and dominates its field—usually a new field. Politicians become agitated and do all they can to prosecute it for monopoly behavior and if…
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Covid Policies Have Caused Industrial Consolidation
“Lockdowns have increased inequality, concentrated wealth, and hurt the poor in ways opponents of capitalism claim free markets do.” ~ Peter C. Earle & Fiona Harrigan
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On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
-
•
Andrew Ross Sorkin Strives to Improve Markets by Blinding Them
“If politicians were constrained, they wouldn’t have privileged information in the first place. Will Sorkin write about that? It wouldn’t be a serious bet to place. Which is why there’s little reason to take his overwrought hand-wringing about ‘insider trading’ seriously.” ~ John Tamny
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•
Finance Memes and the Collective Influence of Young Retail Investors
“Much like all other behaviors associated with young retail investors, on their own, they seem reckless but collectively they help shift results in their favor. Sometimes they are simply the right choice despite expert opinion. These trends not only demonstrate an interesting short-term market force but also the permanent introduction of new demand side forces…
-
•
Hope and Freedom in Georgia
“In Georgia you see actual happiness: smiles on faces, quick steps, and light conversations about something other than the virus. The look and feel of the place, with bustling commercial districts and holiday joy everywhere, absolutely startled me. Just being around this scene for a few days lifted my own spirits immeasurably.” ~ Jeffrey Tucker
-
•
Private Charity versus the Political Grinches
“We should not forget the power of the private sector not only in the marketplace of profit-making supply and demand, but in the charitable good works and efforts of voluntary giving in the other institutions of a free civil society. Let us not forget that benevolent caring, sharing and gift-giving is what the spirit of…
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•
Better Fetters
“Unlike the fetters that are imposed on us by government, those inherent in the voluntary arrangements of capitalism are bulwarks against the aggression of others, whose primary practitioner is government. In other words, effectively defined and enforced property rights create a capitalism that is more effectively fettered and far more productive for all of us…
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•
The Nanny State Comes for Robinhood
“Massachusetts’ regulatory intentions for Robinhood not only demonstrate a high level of disregard for the decision-making abilities of its citizens, but also a failure to understand the entity it seeks to regulate. The ongoing attempts to place onerous regulations on innovative companies like Robinhood in the name of the public interest are not only misinformed…
-
•
The Teachers Unions are Keeping the Schools Closed
“At this point, confusion or debate over school openings is completely unfounded. We knew of the extremely low risk of Covid-19 for children in April.” ~ Amelia Janaskie
-
•
American Antitrust, Déja Vu
“This sounds awfully familiar. In fact, this pattern has been repeated a number of times in American history since the beginning of the 20th century. An innovative company springs up from nothing and dominates its field—usually a new field. Politicians become agitated and do all they can to prosecute it for monopoly behavior and if…
-
•
Covid Policies Have Caused Industrial Consolidation
“Lockdowns have increased inequality, concentrated wealth, and hurt the poor in ways opponents of capitalism claim free markets do.” ~ Peter C. Earle & Fiona Harrigan