Permissionless innovation: The fuzzy idea that rules our lives
People sometimes ask me, “What is the most important concept in political economy?” The answer is easy, but subtle …
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How regulations block economic progress
To discover the Next Big Thing, you need to think outside the box.
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Why we’re being watched: Top 6 Learn Liberty resources for understanding the new CIA leaks
Here are the top six Learn Liberty resources for interpreting Wikileaks’ “Vault 7” documents on the CIA.
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The less work required, the happier we’ll be
Jobs are the means, not the ends in themselves.
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Commerce is pointing the way to a more peaceful and prosperous Cuba.
Commerce brings out the best in human beings by providing incentives to care about others. Those who can’t rise above focusing on their short-term narrow needs have little ability to meet the needs of others.
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Globalization Isn’t Killing Factory Jobs. Trade Is Actually Why Manufacturing Is up 40 Percent
This piece was originally published at the L.A. Times. Foreign trade took a beating at both major party conventions, with speakers blaming free-trade agreements for all but wiping out U.S. manufacturing and eliminating millions of middle-class jobs. Both Donald Trump and Hillary Clinton have promised to renegotiate or abandon trade agreements with key U.S. trading […]
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The Shared Experiences of the Sharing Economy
The English poet John Donne once wrote that “no man is an island.” It often feels quite the opposite what with the ever increasing technological advances made and the preoccupied-with-our-phone age we find ourselves in. Yet, the same technology that sometimes feels divisive is actually one of the best ways to stay connected. (Think Pokémon Go). The […]
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Is the Cost of Living Really Rising?
Bernie Sanders sure gets a lot of air time out of his class warfare rhetoric. Common arguments from him and his supports lead less knowledgeable people to believe that the middle class is at risk of an ever more exploitative wealthy elite. But is that true? Let’s take a look at just one of those […]
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On Creative Destruction and Self-Driving Cars
The capabilities of self-driving cars are growing rapidly, and some sources predict they will become the primary means of transportation by 2040. However, “Hundreds of thousands, if not millions, of people—truckers, cabbies, delivery people—drive for a living in the USA”, and these drivers are likely to lose their jobs if they could be replaced by self-driving […]
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