Showing posts with label innovation. Show all posts
Showing posts with label innovation. Show all posts

John Stossel: Regulating The Future

Government pretends it's the cause of progress.       Then it strangles innovation. We know government understands that new technologies are important. The military invests in robots and traffic cops use radar guns. But when the rest of us use robots or fly drones, government gets eager to put rules in place before things get   ... MORE

Capitalism Loves The Earth But The Greens Hate Capitalism

by Stephen Hicks.    Some parts of the world really are environmental Hells. They are dirty and depleted, making them unhealthy and economically unsustainable. We can argue about the severity of the problems in various places, but I want to focus on another aspect of the debate: determining accurately the causes of the degradation    ... MORE

Thomas Sowell: Complicating The Obvious

Electronic "improvement" rears its ugly head.      Engineers who design computerized products and services seem to have an almost fanatical determination to avoid using plain English. It is understandable when complicated processes require complicated operations. But when the very simplest things are designed with needless complications  ... MORE

Steven Greenhut: Price Controls Will Slow Drug Innovation

More bad ideas from the left coast. The California state legislature has a habit of legislating by anecdote. Assembly members or senators may have a bad experience at a state agency or with private industry and they write a bill to address it. Often, legislators offer proposals based on the latest news cycle. Ultimately there are hearings, a long vetting   ... MORE

The Creative Destruction Of Nudity In Playboy Magazine

by Sarah Skwire.       Playboy has finally found a new way to shock and titillate America.The magazine has announced that it will no longer feature full nudity. Instead, it will be moving toward a partially clad, cheesecake pin-up style.When I heard the news, I immediately wondered what the great economist Joseph Schumpeter would have made  ... MORE

John Stossel: Cutting Red Tape

Regulation strangulation. I'm upset that the presidential candidates, all of them, rarely mention a huge problem: the quiet cancer that kills opportunity — regulation. The accumulated burden of it is the reason that America is stuck in the slowest economic recovery since the Depression. I understand why candidates don't talk about it: Regulation is    ... MORE

Jack Curtis: The Government Vs. Uber

Bad economics is often good politics.       Capitalist cronies in government, old-model cab companies, and their unions have been attacking Uber, Lyft, and their ‘ride sharing’ business model since the Internet gave them birth, in hopes of squelching the new competition. It’s a lot easier when government heads off your new, high-tech    ... MORE

Anti-Ridesharing Laws Are Stuck In The Past

by Jordan Richardson.   Times have certainly changed since Robert De Niro was driving cab around New York's boroughs in the move Taxi Driver. The 1976 film showcased a society focused on the Vietnam War and De Niro's obsession with a presidential campaign. But one thing has not changed since the 70s: The government is still trying to regulate  ... MORE

Robert P. Murphy: Capitalists Have A Better Plan

Listening to the feedback of profit and loss.      To early 20th-century intellectuals, capitalism looked like anarchy. Why, they wondered, would we trust deliberative, conscious guidance when building a house but not when building an economy? It was fashionable among these socialist intellectuals to espouse “planning” as a much more    ... MORE

John Stossel: Breaking The Rules

Innovators are the true public servants.      Humans need rules. Rules make life more predictable. But when the rules multiply, the world needs some rule-breakers. The creator of the underground website Silk Road, Ross Ulbricht, was sentenced to life in prison for creating an online space that allowed people to use bitcoins to buy and sell things.   ... MORE

Zeynep Tufekci: Why ‘Smart’ Objects May Be A Dumb Idea

Creating vulnerability.   A fridge that puts milk on your shopping list when you run low. A safe that tallies the cash that is placed in it. A sniper rifle equipped with advanced computer technology for improved accuracy. A car that lets you stream music from the Internet. All of these innovations sound great, until you learn the risks that this type of connect-   ... MORE