Free Markets
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This Is What Happened to Social Media
The social-media world of the future will not be centralized. It will take many different forms, and the replacement for Facebook is not likely to be a copy. It will be something else entirely, and we can see this already happening. This realization will force us all to come to terms with a reality of…
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Aretha Franklin’s Individualist Art
When it comes to meaningful change, that type of cultural shift that really dissolves the blindfold created by collectivism, there’s nothing more effective than art.
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Your Ticket to Capitalism Is Free
The consumer surplus that we derive from buying water, and other items, is enormous, almost incalculable. The fact that all of these products, services, and useful things are available to us at low prices seems automatic, nothing very interesting or important. In fact, the capitalist system operating in the background is performing miracles of production,…
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The Walter Lippmann Colloquium and the Meaning of Liberalism
Eighty years after a remarkable colloquium in 1938, one that tried to assess the crisis of liberalism and what to do about it, the proceedings have finally been published. The results are tremendously revealing. The Walter Lippman Colloquium was indeed a seminal event that set the stage for the postwar liberal revival.
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Everyone Is Missing the Point of 3D-Printed Guns
There is no chance of finally censoring the future with any of the tools that molded the past. It’s done, that great migration from a things-based economy regulated by the state to an idea-based economy regulated only by the choices of the individuals that make up society itself.
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Andrea Rich, RIP
The movement as it was known has been through ups and downs but it has finally settled on what Andrea knew all along. Liberty is a big tent with many iterations. Its roots are not in mass political organizing but in beautiful ideals and dreams of a freer world.
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What Can and Cannot Be Planned
No one created that muddy track; it is the result of individuals going where they want to go. But if enough people walk there, it wears out the grass and makes the ground hard and packed down. The “path” emerges, although no one planned it.
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Anti-Market Atavism Explained
Moral norms that served small bands of humans well 10,000 years ago — share, cooperate, punish anyone who violates the rules — are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity.…
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Thanks to Capitalism, You Can Now Sleep Sitting Up
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
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Online Taxes Could Suffocate Small Retailers
State and local governments don’t need any more of our money to feed their budgets through taxes, whether they’re taken from online sales or not. We should be free to drop whatever we want into our virtual (or real) shopping carts in peace without government sweeping in to get a cut.
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Taylor Swift: Heroine for Property Rights
Swift has used her celebrity and art to stand up to bullies, whether they be corporations or colleagues in the music industry. She’s also singing her way to the bank.
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Anne of Green Gables Shows that Crypto Scams Are Nothing New
That an asset or innovation is subject to scamery, pushed by grifters, invested in by the deluded and avaricious, does not mean it is not a good idea. You can observe the fallacy with any new discovery that has ever appeared in the history of humankind.
