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Animal personalities, individualism, and economics
One of my hobbies is finding economics in unexpected places. The biologist and animal rescuer John Shivik’s 2017 book Mousy Cats and Sheepish Coyotes: The…
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Big tech: threat or America’s best hope in global AI race? Questions for Trump antitrust appointees
Continued scrutiny of tech companies by antitrust authorities is expected under the Trump administration, with two new nominees awaiting confirmation to the Department of…
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Hayek on Facebook’s community notes
Meta is going to stop using professional fact-checkers for Facebook posts. My colleague Jessica Melugin is relieved that Meta is finally publicly acknowledging…
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Social Media in Parallel Universes
The chasm between the political discourse at yesterday’s House Committee on Energy and Commerce hearing on social media platforms and the legal decision…
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Facebook Leaks Are Hardly Newsworthy
The frenzied media coverage of Facebook document leaks seems to confuse hosting disagreeable content with the platform being the cause of humanity’s ills. Worries…
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Markets Aren’t Perfect; Regulation Is Often Far Worse
A rhetorical tactic commonly employed by both my technocratic and progressive friends is a straw man argument. “If market processes are so great,” they charge,…
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Let the Market Make Corrections and Leave the Red Tape out of It
YouTube banned anti-vaccine content on its platform, Instagram is accused of being “toxic” for its teen users, and Facebook’s Oversight Board is routinely…
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Texas May Still Be the Wild West, But Its Social Media Shouldn’t Be
The Texas legislature passed and Governor Greg Abbott recently signed into law H.B. 20, which he described as “safeguarding the freedom of speech by…
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Web 3.0 Requires New Regulatory Thinking
“[A] digital economy isn’t simply an industrial economy on the internet.” The Blockchain Innovation Hub at the Royal Melbourne Institute of Technology in Australia…