Depending on one’s perspective, technology can be viewed as either an opportunity or a threat. Some people celebrate technical advances, while others show disdain. Entrepreneurs are frequently eager to capitalize on the potential advantages of new technologies, but where entrepreneurs see room for dynamism, naysayers see doom.
Innovation
Notable Quote – Radical Ideas CAN be the Right ones!
History has shown that voluntary economic trade between individuals, without the “guiding” Hand of the Government, has lifted billions out of poverty and onto the road of a higher standard of living at lower costs and higher quality compared to when markets were controlled by others and such decisions were made beforehand.
Notable Quote – Private Sector has to Work at Stuff while Public Sector Can Be Mediocre
And unlike a government agency, the private owner is obliged by self-preservation to try to avoid losses, which means that he is forced to run his railroad economically and efficiently. And also unlike a government agency, the private capitalist is nearly always obliged to face competition – which means to make the services he provides or the … Read more
Notable Quote – So you think the State is really that SMAHT? Versus the Markets?
The premise of superior foresightedness in the State, and the premise of the harmlessness of imposing its will coercively, is as we have noted in orthodox economics about a century old.
Since We’re Having an Election, Why Not Put an End to Socialism
In most election years the Democrats lie. They promise all manner of things in their attempt to buy votes. There are an endless array of government handouts, freebies and special interest priorities. We know it is bulls**t but we all wish Santa and the Easter Bunny would leave us something extra.
Notable Quote – For Bruce Currie who hates the idea that the US doesn’t have an “Industrial Policy”
He’s made it clear – we individuals need the handy helping hand to direct our every move and decision. This from Prof. Don Boudreaux (emphasis mine):
If Congress Wants to Investigate Something Related to Delays In “Our Response” it Can Start with Itself
As we wade through the “world that cried wolf” dumpster fire called COVID-19, partisans on the left see it as another opportunity to smear the President. I’m sure Mr. Trump is thinking ‘Bring It.’ Because the government is to blame but not in the way Democrat’s imagine.
Notable Quote – Prof Don Boudreaux
SHOT: Matt Ridley ( The Rational Optimist) The future will feature ideas that are barely glints in engineers’ eyes right now – devices in space to harness the solar wind, say, or the rotational energy of the earth; or devices to shade the planet with mirrors placed at the Lagrange Point between the sun and the … Read more
Focus on Growth, Opportunity and Innovation is Paying Off for New Hampshire
The takeaway message from Gov. Chris Sununu’s State of the State address on Thursday was that New Hampshire, like comedian Larry The Cable Guy, gets her done.
Pelosi’s Price Control Plan for Drugs Doubles Down on Failure
The Pelosi price control plan for drugs would limit Americans’ access to lifesaving medicines. It has the added benefit of impeding the development of new treatments for diseases. Her plan is price control of drugs. Her plan doubles down on the failures of existing government policies. Yes, the same ones contributing to higher health care … Read more
Three Letter Word – Jobs (Steve Jobs, actually)
Few people will have the distinction in history afforded to Steve Jobs, who passed away yesterday. Mr. Jobs will probably be remembered as a digital age Da vinci. Someone with a vision that changed how we did things, maybe even how we thought about doing them.