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arcticdementor · 2 years

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Do something.

This is a response—and perhaps a natural one—to a human tragedy or crisis. We saw this response in the wake of 9-11. We saw it during the Covid-19 pandemic. And we’re seeing it again following three mass shootings—in Buffalo, New York, Uvalde, Texas, and Tulsa Oklahoma—that claimed the lives of more than 30 innocent people, including small children.

In this case, the “something” is gun control. In Canada—where no attack even occurred—Prime Minister Justin Trudeau announced the introduction of legislation that would freeze handgun ownership across the country.

…

In the United States, the rhetoric has tended to be more heated but also vague, though some specific proposals have emerged.

Over the weekend, Vice President Kamala Harris called for an all-out ban of “assault weapons.”

“We know what works on this. It includes, let’s have an assault weapons ban,” Harris told reporters in Buffalo after attending the funeral of a victim.

…

There are numerous problems with this proposal, starting with the sticky question of defining what an “assault weapon” is.

Assault rifles, which by definition are capable of selective fire, are already banned under the National Firearms Act of 1934. The vague phrase “assault weapon” is basically a tautology—by definition, any weapon can be used to assault someone—and virtually useless. The term might be effective politically, but as the economist Thomas Sowell has pointed out, the guns politicians choose to define as “assault weapons” typically “are no more dangerous than others that are not specified.”

We know this because the US had a ban on “assault weapons” as recently as 2004, something gun control supporters recently pointed out on Twitter.

“We had an assault weapon ban for 10 years: 1994-2004,” said Dr. Joanne Freeman, a historian at Yale University. “The world didn’t end. People kept their (other) guns. They bought new guns. It was hardly an attack on gun ownership.”

…

Freeman is right that the ban lasted a decade before expiring on September 13, 2004. She’s also right that the world “didn’t end” and Americans continued to use and purchase other types of firearms.

What Freeman didn’t bring up was the effectiveness (or lack thereof) of the government’s Federal Assault Weapons Ban. Nearly two decades ago the Department of Justice funded a study to analyze this very topic, and it concluded that the assault weapon prohibition had “mixed” results.

Researchers noted there was a decline in crimes committed with firearms classified as assault weapons, but noted “the decline in AW use was offset throughout at least the late 1990s by steady or rising use of other guns.”

In other words, there was a decline in crimes committed with firearms that were banned, but the drop was replaced by crimes committed with other types of firearms that were not banned.

While gun violence overall fell in the US during this period—just like many other countries around the world—the decline continued even after the Federal Assault Weapons Ban ended in 2004. Authors of the government-funded study plainly stated “we cannot clearly credit the ban with any of the nation’s recent drop in gun violence” and any future reduction in gun violence as a result of the ban was likely “to be small at best and perhaps too small for reliable measurement.”

One might contend that this is just one study. No study is irrefutable, after all, even ones commissioned by the Justice Department. However, other studies since then have yielded similar conclusions.

…

Unfortunately, when people say “do something” they tend to mean “pass sweeping legislation that infringes on the civil liberties of others.” Such thinking spawned the super-state that sprang forth in the War on Terror following the 9-11 attacks. It also produced government lockdowns during the pandemic, the worst and longest depression in American history, and a host of other disasters.

If history has taught us anything, it’s that the impulse to use collective force to “do something” in the wake of a tragedy or crisis has created far more problems than it has solved.

The economic historian Robert Higgs has noted that the most sprawling encroachments of freedom in history spawned during crises and tragedies; they have given rise to tyrants from Lenin to Mao and beyond. Even when powers are relinquished by government, they are rarely relinquished completely (a phenomenon Higgs describes as the Ratchet Effect).

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As we mourn the victims in Buffalo, Uvalde, and Tulsa, we’d do well to remember that one true moral purpose of government is to protect individual rights, and any attempt to deprive humans of these rights for “a greater good” is a perversion of the law.

#jon miltimore #fee.org #guns

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adribosch-fan · 7 months

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La prohibición de los caimanes como mascotas es innecesaria e imprudente

El miedo no es fundamento para las políticas públicas por FEE En primer lugar, los ataques de caimanes no son tan comunes. (Flickr) Un pequeño pueblo del oeste de Pensilvania está considerando prohibir la tenencia de caimanes. Sí, has leído bien: prohibir la tenencia de caimanes. Esta prohibición, como cualquier otra medida gubernamental, es errónea y probablemente tendrá consecuencias…

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#Caimanes #Estados Unidos #FEE.org #Pensylvania #Prohibir tenencia

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gph24 · 2 years

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https://fee.org/articles/how-government-created-the-baby-formula-shortage-and-a-black-market-for-unapproved-european-imports/?gclid=CjwKCAjwp7eUBhBeEiwAZbHwkbAguOLq1ftlw-pGqwynFQydaiaAr8PY1rRDrcYSoHeVUHX8m6ZiWRoCXK0QAvD_BwE

What I found very interesting was that baby formula is something that has major restrictions and tariffs that are super overpriced and controlled by the FDA that is leading parents to go to the black market and order baby formula from over Europe and the prices from there being overly increased. Baby formula is something that is very essential to the survival of infants and mothers who can't produce milk from their breasts and are relying on formula for their children. Much of the blame is on the government for not outsourcing to other countries to help with formula and is instead of waiting for the call back to be fixed and put back on the shelf. As mentioned before Americans take it into their own hands to find it and get it any way they can.

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molsons112000 · 13 days

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the way automation and restaurants will allow them to expand faster and focus on training their employees at higher levels. As I managed, I had to learn how to deal with all the technology in the restaurant.

It's so the jobs don't go away.You'll need all kinds of people who handle all different capacities of the robot and it will expand manufacturing industries related to producing the robot. So the jobs don't go away.They get credit in other areas.Higher paying jobs but those jobs also require higher educated individuals. So the only way this is going to work is with better educated individuals.

BCS, The Chartered Institute for IT

https://www.bcs.org › fast-efficient-...

Fast, efficient and automated — the future of quick service restaurants

Feb 2, 2024 — Designed to revolutionise the way cooking and food preparation is handled in commercial kitchens, it has multiple specific

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=How+automation+will+help+quickserve+restaurants+expand

So, as you see below says, new technology over the next decade.We'll replace 85 million jobs, but it will create 97 million more jobs a net gain of twelve million jobs....

Does technology create more jobs or eliminate more jobs?

So even when Artificial Intelligence will replace workers of some occupations, new job functions will be created. In the Future of Jobs Report, the World Economic Forum predicts 85 million jobs will be lost by 2025, and 97 million will be created over the same period. This is a net increase of 12 million.

https://www.vic.ai › resources › wh...

Why AI will create more jobs than it will eliminate - Vic.ai

Harvard Business Review

hbr.org

Automation Doesn't Just Create or Destroy Jobs — It Transforms ...

Nov 2, 2021 — If technology creates (or reinstates) work, jobs are created. Under this dichotomy, the key question is whether technology creates more jobs ..

So new technology always creates more jobs than it replaces and it creates higher paying jobs because it creates efficiencies that allow more money to be paid to each individual involved....

What do you think they figured out in China? They used to use the bucket brigade, lots of manual labor for everything and then they started getting technology and that technology created more jobs than it replaced and China is now in a massive labor shortage. As it gets more and more technology, the labor shortage has increased not decreased. .

Foundation for Economic Education

https://fee.org › articles › technolo...

Technology Creates More Jobs Than It Destroys

Sep 10, 2019 — Andrew Yang and Bill de Blasio are very concerned about robots taking people's jobs. Machines will replace humans

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Out+new+technology+creates+more+jobs+than+it+replaces

There are 15 states with the highest labor shortage, so they do need organization, but it creates more jobs.So it's just in a great even more labor shortages.We need to get the people.The labor shortages are going to just get worse not better... This is why one people that start having babies....

Methodology

District of Columbia (DC) Unemployed Workers for Every 100 Job Openings: 50. ...

Colorado. Unemployed Workers for Every 100 Job Openings: 50. ...

Tennessee. Unemployed Workers for Every 100 Job Openings: 50. ...

Virginia. Unemployed Workers for Every 100 Job Openings: 47. ...

Montana. ...

South Carolina. ...

Massachusetts. ...

Maine.

More items...•Mar 21, 2024

https://finance.yahoo.com › news

15 US States With The Highest Labor Shortages - Yahoo Finance

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+a+list+of+states+in+the+united+states+that+have+massive+labor+shortages

So what is our government doing to help with the massive labor shortage in the united states which is suppressing our economic growth.... Oh, by the way, we're almost at 30 trillion dollars in GDP annually.

So the United States GDP will reach 31 trillion dollars by 2026. But if we address the labor shortages, we will hit over 30 trillion dollars by when by next year.

https://www.statista.com/statistics/216985/forecast-of-us-gross-domestic-product/

The labor shortage in China is increasing and it is truly suppressing their economy.They need to become the most Automated country in the world. They need lots of automation, even with 1.5 billion people they have massive, massive, massive labor shortages.

Based on China's declining birth rate, The World Bank forecasts the figure to further decline to 67%/62%/60% in 2030/40/50E. This suggests that the labour shortage issue could get worse in China, prompting China's manufacturing industries to raise their factory automation levels.

https://www.citigroup.com › insights

China's Labour Shortage Brings Machine Vision into Focus

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=China%27s+labor+shortage+is+getting+worse

The dollar is the u s's super power and it's not going to be replaced.... So it's truly the dollar.Is the u s super super super power..... Our economy is accelerating rapidly...... So anyone saying different they're lying.... As you will see above, the economy is accelerating rapidly...... If we should surpass 30 trillion dollars by next year easily, actually, we should hit 31 trillion by next year GDP.

The Washington Post

www.washingtonpost.com

Opinion | The dollar is our superpower, and Russia and ...

Mar 24, 2023 — The U.S. currency isn't likely to be replaced — but it may well be weakened

China is pumping trillions of dollars in the infrastructure to keep up with its rapidly growing economy But it's not growing as fast as the united states...

Carnegie Endowment for International Peace

https://carnegieendowment.org › ...PDF

China's Digital Yuan: An Alternative to the Dollar- ...

by R Bansal · 2021 · Cited by 28 — This proj ect is expected to pump trillions of dollars of investments into infrastructure- related proj ects

By the way, the US should have a celebration when it hits 30 trillion. And then we will hit within the next 10 years after that, we will surpass 40 trillion.

China could boost a economic growth by over twenty percent..

Forbes

www.forbes.com

China Could Boost GDP By 20% If It Shakes Up Economy

Mar 27, 2024 — China Could Boost GDP By 20% If It Shakes Up Economy ... Doing so, she reckons, would add about $3.5 trillion to GDP, an India-sized output boost

China's predicted to hit 26 trillion dollars in 2027 their GDP 26 trillion.

ChinaPower Project

chinapower.csis.org

Unpacking China's GDP | ChinaPower Project

In October 2022, the International Monetary Fund (IMF) projected that China's GDP would reach $26 trillion by 2027, widening its lead over other major economies ...

So combining the US economy and the Chinese economy together, it might reach 60 trillion dollars by 2026 to 27. Yes, the combined economies of these 2 nations may hit 60 trillion dollars GDP by 2026-2027.

Trade growth between the united states and china is booming!!!!!!!!!!!!!!!!

Is trade between the US and China booming?

U.S. exports totaled $153.8 billion, an increase of 1.6% ($2.4 billion) from 2021; U.S. imports from China totaled $536.8 billion, an increase of 6.3% ($31.8 billion); and the trade deficit with China was $382.9 billion, an increase of 8.3% of ($29.4 billion).Apr 24, 2023

https://www.bis.doc.gov › file

U.S. Trade with China 2022 - Bureau of Industry and Security

And yes, trade between China and Russia is soaring.

Voice of America

https://www.voanews.com › china-...

China, Russia Trade Soared In 2023 As Commerce with US Sank

Jan 12, 2024 — Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United

Sixty percent of the logistical volume of shipping in Asia goes through the China sea.

ChinaPower Project

https://chinapower.csis.org › much-t...

How Much Trade Transits the South China Sea?

Of that volume, 60 percent of maritime trade passes through Asia, with the South China Sea carrying an estimated one-third of global shipping

Trade between the United States and China will pass 3 trillion dollars. Trade between the united states and china is growing rapidly....

Bureau of Industry and Security (.gov)

https://www.bis.doc.gov › filePDF

U.S. Trade with China 2022

Apr 24, 2023 — In 2022, 7.5% of total U.S. exports of $2.1 trillion to the World were exported to China, 16.5% of total U.S. imports of $3.2 trillion

So trade between the United States and China is accelerating rapidly.Both import and export trade is growing incredibly fast.......

Trade between India and China is exploding.

India and China trade reached record levels in 2023, said the Chinese envoy to India, indicating that bilateral trade had surpassed 2022 figures despite a slowdown mid-year.Feb 7, 2024

https://www.thehindu.com › article...

India-China bilateral trade hit a new record in 2023: Envoy

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+trade+between+indian+china+growing+rapidly

Trade between Indiana United States and a single year grew by 18% a little over the last decade? It's grown by a 113%.

U.S. goods exports to India in 2022 were $47.2 billion, up 17.9 percent ($7.2 billion) from 2021 and up 113 percent from 2012.

India | United States Trade Representative

United States Trade Representative (...

The United States-India relationship remains resilient, with total trade in goods and services topping $191 billion in 2022, almost double the amount recorded …

Mar 12, 2024

India - Market Overview - International Trade Administration

International Trade Administration

In 2022 trade with India almost doubled. In a single year we almost had a 100% growth in 1 year with trade with India.It is exploding....

The United States-India relationship remains resilient, with total trade in goods and services topping $191 billion in 2022, almost double the amount recorded …

Mar 12, 2024

India - Market Overview - International Trade Administration

Business Standard

https://www.business-standard.com › ...

Rapid growth of trade is testament to bilateral ties of US-India

Apr 19, 2023 — According to the provisional data of India's Commerce Ministry, the bilateral trade between India and the US has increased by 7.65 per cent to ...

Missing: fast ‎| Show results with: fast

The Hindu

https://www.thehindu.com › article...

U.S. emerges as India's biggest trading partner in FY23 at ...

Apr 16, 2023 — The U.S. has emerged as India's biggest trading partner in 2022-23 on account of

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+trade+between+the+united+states+and+india+growing+fast

So black people don't start focusing on education and clean up their s***Just like latino people they will be left massively behind as asians and whites and arabs rapidly grow in wealth.....

United States trade with the Middle East expected to hit records.It is record growth in trade with the middle east..

Economist Impact

https://impact.economist.com › reg...

Trade in Transition 2024: Middle East regional insights

The Middle East is expected to record growth of 2.3% in 2024 as the region continues to benefit from favourable commodity prices.

Trade with Africa and the United States is expanding rapidly.

The White House (.gov)

www.whitehouse.gov

FACT SHEET: Accelerating the U.S. – Africa Partnership After the ...

Dec 13, 2023 — In 2023, the United States accelerated high-level exchanges, directing an unprecedented pace of visits to the continent. In

Council on Foreign Relations

https://www.cfr.org › backgrounder

AGOA: The U.S.-Africa Trade Program

Dec 4, 2023 — AGOA is the cornerstone of the U.S.-Africa trade relationship, but declining support has called the program's value into

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+america%27s+trade+with+africa+expanding+rapidly

US trade with the Caribbean in Latin America is the fastest growing of all of our trading Partners, the Caribbean?And latin america are the fastest growing trading partners...

Latin America and the Caribbean is not the largest US regional trading partner, but with the exception of Africa, it has been the fastest growing one. Trade is one of the more enduring issues in contemporary US-Latin America relations.

https://www.thedialogue.org › ...PDF

US-Latin America Trade and Investment in the 21st Century

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+u+s+trade+with+latin+america+expanding+quickly

Trade between the united states and europe hits record high.....

US-Europe goods trade hit an all-time high of $1.22 trillion, more than double the goods trade between the US and China, and US goods exports to Europe were also a record. Europe became the top purchaser of US crude oil and accounted for more than 60% of American shipments abroad of liquified natural gas.Mar 19, 2024

https://www.bloomberg.com › news

Supply Chain Latest: Transatlantic Trade Between US and Europe

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Trade+between+the+united+states+and+europe+hit+record+high

Trade between the United States and Canada is expanding rapidly everyday. More than 2.6 billion dollars crosses the shared border, which is the longest shared border in the world. Yes, the border between the United States and Canada is the single longest shared border in the world. Trade with Canada in 2022 increased by more than 20%.

Canada is our largest trading partner, with nearly $2.6 billion in goods and services crossing our shared border, the world's longest land border, every day – an almost 20 percent increase in 2022 over the previous year. This trade supports millions of jobs on both sides of the border.Mar 24, 2023

https://www.whitehouse.gov › fact...

FACT SHEET: Strengthening the United States-Canada Partnership

https://www.google.com/search?ie=UTF-8&client=ms-android-comcast-us-rvc3&source=android-browser&q=Is+trade+between+the+united+states+and+canada+growing+fast

So trade in the united states into and out of import and export business globally is expanding in every part of the world incredibly fast .... Like I said in less than the next decade, we will hit over 40 trillion in GDP..

And like I said in just two years the u s and china combined g d p will be over 60 trillion dollars....

#U s trade exploding

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epitome-the-burnkid-viii · 2 months

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Eye-opening news updates revealing good, evil, and much more!🔥 Come find my show #SupplementalBroadcast 🎱 #youtuberecommendedchronicles🔮 on YouTube & Rumble! New episodes posted regularly!!! 🧩 #Censorship #Politics #Prophesy #Commentary #Science #TheGreatAwakening 🙏

#youtuberecommendedchronicles🔮

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deblala · 4 months

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Amish Farmer Faces Fines, Prison Time for Refusing to Comply with USDA Regulations - Foundation for Economic Education

https://fee.org/articles/amish-farmer-faces-fines-prison-time-for-refusing-to-comply-with-usda-regulations/

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hackernewsrobot · 5 months

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The Feds' Vehicle 'Kill Switch' Mandate Is a Gross Violation of Privacy

https://fee.org/articles/the-feds-vehicle-kill-switch-mandate-is-a-gross-and-dangerous-violation-of-privacy/

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2020cookie · 7 months

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https://fee.org/articles/fossil-fuels-aren-t-a-bad-habit-we-can-just-kick-they-re-a-critical-part-of-the-economy/?utm_source=email&utm_medium=email&utm_campaign=2020_FEEDaily

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pepecarbs · 7 months

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Jesus and Christmas - Origins

The exact date of Jesus’s birth is not stated in the gospels or in any historical sources. Most biblical scholars generally accept a date of birth between 6 BC and 4 BC, the year in which King Herod died1. The historical evidence is too incomplete to allow a definitive dating1. Some research done by members of the Church of Jesus Christ of Latter-day Saints generally places the birth of Jesus at some point in early to mid April1.

The common Christian traditional dating of the birthdate of Jesus was December 25, a date first asserted officially by Pope Julius I in 350 AD1. The church in Rome began formally celebrating Christmas on December 25 in 336, during the reign of the emperor Constantine2. As Constantine had made Christianity the effective religion of the empire, some have speculated that choosing this date had the political motive of weakening the established pagan celebrations2. The decision to celebrate Christmas on December 25 was made sometime during the fourth century by church bishops in Rome3.

It’s important to note that while December 25 is celebrated as Christmas day, it may not be the actual birth date of Jesus. The selection of this date has more to do with Christian history and tradition rather than historical accuracy.

Learn more:

1. en.wikipedia.org2. britannica.com3. gty.org4. christianity.com5. bibleinfo.com6. history.com7. fee.org

The relationship between Jesus’s birth and Christmas day is largely based on tradition and historical context, rather than specific biblical or historical evidence. The Bible does not specify the exact date of Jesus’s birth12.

In the fourth century, Pope Julius I chose December 25 as the date of the Feast of the Nativity2. This date was not immediately universally accepted and it took some time for it to be widely recognized. For instance, Christmas wasn’t celebrated in England until the end of the sixth century, and didn’t reach northern Europe until the end of the eighth century2.

One theory as to why December 25 was chosen is that it coincided with existing pagan festivals. In Rome, Saturnalia – a festival honoring Saturn, the god of agriculture – began just before the winter solstice and continued for seven days2. In Scandinavia, the Norse celebrated ‘Jul’ (Yule) from the winter solstice for about 12 days2. By choosing this date, it’s suggested that Pope Julius I may have intended to appropriate these pagan celebrations and transform them into a Christian occasion2.

However, it’s important to note that while December 25 is celebrated as Christmas day, it may not be the actual birth date of Jesus. The selection of this date has more to do with Christian history and tradition rather than historical accuracy.

Learn more:

1. newsweek.com2. theguardian.com3. ucg.org4. washingtonpost.com5. crosswalk.com

#Yule #Saturnalia #BiblicalScholarship #ChristianTradition #PopeJuliusI #ChristmasDay #JesusBirth

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mansondirect · 9 months

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https://fee.org/articles/why-evs-are-piling-up-at-dealerships-despite-massive-taxpayer-subsidies/

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arcticdementor · 2 years

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After Elon Musk’s offer to purchase Twitter was accepted, the Department of Homeland Security unveiled plans for a “disinformation” governance board. Musk’s purchase is not final, and the governance board is now paused, but the reaction to these events has been telling.

One might expect professionals in the market for ideas would be concerned by a government agency policing speech. Curiously, many groups who historically have defended free speech against interference seem slow (or absent) in response.

Members of the journalism industry have reacted negatively to Musk’s vocal support of free speech. His purchase is “dangerous,” and his commitment to free speech will lead to people being “silenced”.

Meanwhile, the Associated Press attacked Musk for wanting free speech, claiming that this desire was inconsistent with the fact that he has criticized people in the past.

…

Time magazine voiced opposition to Musk from another angle, trying to disparage his “tech bro” obsession with free speech

CNN writers crafted the suggestive headline, “Twitter has been focused on 'healthy conversations.' Elon Musk could change that”.

At The Conversation, Filippo Menczer, a professor of informatics and computer science at Indiana University, argues John Milton’s idea of the uncensored marketplace of ideas is outdated and calls for “refereeing” of social media. And of course, this refereeing isn’t censorship. Why would you think that?

Another professor writing for The Conversation, Jaigris Hudson, argues Elon Musk’s free speech push will make speech less free because if harsh language is allowed some people will stop talking. This article when set next to this Washington Post piece and the AP tweet underscores a consistent theme of mistaking free speech for freedom from criticism.

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Although it isn’t uncommon for high level military bureaucrats like Jankowicz to desire censorship, academics and journalists have long been stalwart defenders of the importance of an uncensored marketplace for ideas. For a long time, universities and newspapers were seen as places where controversial means and ends could be debated publicly. “The truth will out” was the final defense of these institutions against calls for censorship.

This defense of the marketplace of ideas was so universal among the professional intellectual class that it inspired Nobel Prize-winning economist Ronald Coase (1910-2013) to write a paper trying to explain why this was so. And, using this same paper, we can see Coase implicitly predicted the increasing favorability of censorship among the professional intellectual class.

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In a 1974 paper, Coase, the Clifton R. Musser Professor of Economics at the University of Chicago Law School, mused over an interesting puzzle. Professional intellectuals focus tremendous effort in highlighting why the market for goods and services requires regulation. Meanwhile, those same intellectuals often argued that the market for ideas should be free from regulation.

So, why the asymmetry?

To answer this puzzle, Coase first dismissed two popular but wrong explanations for this paradox.

The first explanation is that markets for goods and services can have market failures. For example, if gasoline buyers and sellers don’t have to pay for the pollution gasoline generates, they will buy and sell too much at the expense of those who experience pollution.

However, the problem with this explanation is obvious. There can also be failures in the market for ideas. Even if it’s correct that the best idea will win, it’s obvious that the best idea won’t always win immediately. Pollution in the market for ideas, such as disinformation, is also possible.

…

The second wrong explanation for why professional intellectuals defend the market for ideas from regulation is that unregulated speech is necessary for a functioning democracy. This explanation sounds okay at first, so what’s wrong with it?

Well, the market for goods and services is also necessary for a functioning democracy. As Coase puts it,

For most people in most countries (and perhaps in all countries), the provision of food, clothing, and shelter is a good deal more important than the provision of the “right ideas,” even if it is assumed that we know what they are.

…

Coase finishes his essay by solving the paradox. Why do professional intellectuals defend the market for ideas against regulation but not the market for goods and services?

The market for ideas is the market in which the intellectual conducts his trade. The explanation of the paradox is self-interest and self-esteem. Self-esteem leads the intellectuals to magnify the importance of their own market. That others should be regulated seems natural, particularly as many of the intellectuals see themselves as doing the regulating.

So, the market for ideas is the market controlled by the intellectuals. They see their market as a higher and more important calling. The market for goods and services, in their view, is both less important and more corrupted.

…

But times have changed since Coase wrote his article in 1974.

The internet has revolutionized the landscape of the market for ideas. It’s no longer the case that the well credentialed have the most sway in the ideas market. Recent years have been characterized by creators on YouTube, podcasts, and, most recently, Substack dominating the market for ideas.

Now that the market for ideas is no longer dominated by academia and the journalism industry, members of those groups no longer have the same incentives to stop industry regulation.

In fact, as in many industries, it may be in incumbents’ best interest to regulate competition. After all, if people get their new commentary from Joe Rogan and not CNN, that hurts CNN’s bottom line.

So, although Coase did not foresee the decentralization of the market of ideas in his piece, the logic of his paper gives a clear prediction. If the ones who hold the reins to the market for ideas lose their grip, calls for regulation are sure to follow. And this is exactly what we’re seeing.

#peter jacobsen #fee.org #ronald coase

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adribosch-fan · 8 months

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La lección olvidada de Aleksandr Solzhenitsyn sobre el bien y el mal

No hay personas buenas ni malas, sino individuos que se debaten entre el bien y el mal desde su interior. Annie Holmquist ¿Alguna vez se ha sentido abrumado por el caos y el ruido que parecen formar parte normal de la vida actual? Si es así, no está solo. Cualquier cosa, desde un comentario al azar en Twitter hasta la confirmación de un juez del Tribunal Supremo o unas elecciones, parece…

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#Aleksandr Solzhenitsyn #Archipielago de Gulag #Autor Annie Holmquist #Escritor ruso #FEE.org

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atwaofficial · 9 months

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https://fee.org/articles/why-evs-are-piling-up-at-dealerships-despite-massive-taxpayer-subsidies/

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yin20009 · 1 year

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Week 10: Digital Citizenship and Conflict

Most of us can say we have some form of social media, or at the very least use social media despite not having an account. Anyone who has been on the internet for longer than 5 minutes would have already encountered hateful comments or questionable takes. With people being more expressive online due to the extra false sense of security of anonymity. There are different types of harassment but at its core it is “is defined as threats or other offensive unwanted behaviours targeted directly at others” (Haslop et al.2021).

Gen Z receives more criticism for being “overly sensitive and easily offended ‘snowflakes’” (Haslop et al.2021). However, is this statement true or are younger generations just more socially aware of harmful comments or behavior online and in person? With even the term ‘social justice warrior’ used as a derogatory term. People see social justice warriors as a “self-interested internet user with a progressive agenda.” (Herbst 2018). More recently a trend I have been seeing online is that people who are overly sensitive are deemed as ‘chronically online.’ These people are seen as overly critical of situations. Although in some cases it is evident that these social justice warriors sometimes push their agenda too hard, deterring others from listening to them, their points are not always entirely wrong. Perhaps the younger generation feels the need to overcompensate for the lack of rules and regulations on social media sites against things such as hate speech. Often with posts or comments only being taken down if there is a large amount of people flagging it as inappropriate. People could just be doing their part as a digital citizen to ensure the safety and inclusion of others in a public sphere by standing up for more marginalised groups. With so many young and impressionable kids using the internet now it's even more important to debunk and speak out against harassment and hate speech online. For example, Andrew tate has amassed a huge following over his controversial opinions often targeting women and encouraging boys to believe the same, these posts are often left on TikTok to circulate and gain views. Social media sites have to have a clearer limit to what is and isn’t allowed to be said on their platform. The content of their site also reflects their own values and reflects poorly on them. Haslop, Craig, et al. “#NoSnowflakes: The Toleration of Harassment and an Emergent Gender-Related Digital Divide, in a UK Student Online Culture.” Convergence: The International Journal of Research into New Media Technologies, vol. 27, no. 5, 11 Mar. 2021, pp. 1418–1438, https://doi.org/10.1177/1354856521989270.

Herbst, Abigail. “How the Term “Social Justice Warrior” Became an Insult | Abigail Herbst.” Fee.org, Foundation for Economic Education, 13 Aug. 2018, fee.org/articles/how-the-term-social-justice-warrior-became-an-insult/.

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