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A classic example of this phenomenon is restaurants: who could possibly be against food safety? Then you read about how San Francisco requires 14 permits that take 9 months to issue (plus a separate alcohol permit) and you wonder why anyone opens a restaurant at all (compounded by the fact that already-permitted restaurants have a vested interest in making the process more onerous over time). Multiply that burden by all of the restaurants that never get created and the cost is very large indeed. This argument certainly applies to net neutrality in a far more profound way: the Internet has been the single most important driver of not just economic growth but overall consumer welfare for the last two decades. Given that all of that dynamism has been achieved with minimal regulatory oversight, the default position of anyone concerned about future growth should be maintaining a light touch. After all, regulation always has a cost far greater than what we can see at the moment it is enacted, and given the importance of the Internet, those costs are massively more consequential than restaurants or just about anything else. To put it another way, given the stakes, the benefit from regulation must be massive, which is why the “net neutrality” framing is so powerful: I’ll say it again — who can be against net neutrality? Telling stories about speech being restricted or new companies being unable to pay to access customers tap into both the Internet’s clear impact and the foregone opportunity cost I just described — businesses that are never built. That, though, is exactly the problem: opportunity costs are a reason to not regulate; clear evidence of harm are the reasons to do so despite the costs. What is so backwards about this entire debate is that those in favor of regulation are adopting the arguments of anti-regulators — postulating about future harms and foregone opportunities — while pursuing a regulatory approach that is only justified in the face of actual harm.
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Sunday, December 3, 2017
The case for normalizing impeachment - Vox
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Saturday, December 2, 2017
Senate GOP tax bill passes in major victory for Trump, Republicans - The Washington Post
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Friday, December 1, 2017
Trash Talk :: Topic: OFFICIAL POLITICS THREAD - ENTER AT YOUR OWN RISK! (122/122)
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Dutch cities haven't always had their fantastic cycling architecture they used to be, like Madrid, motowns and dozens of children got killed going to school each year. Things didn't being to change until people realized that, hey, perhaps we can do better than cars and started protesting for better insfrastructure:
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Dutch cities haven't always had their fantastic cycling architecture they used to be, like Madrid, motowns and dozens of children got killed going to school each year. Things didn't being to change until people realized that, hey, perhaps we can do better than cars and started protesting for better insfrastructure:
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As Part Of Plea, Michael Flynn Says Trump Team Told Him To Reach Out To Russians - Digg
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“It’s been complete hell”: how police used a traffic stop to take $91,800 from an innocent man - Vox
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I feel like I keep returning to the same types of projects. Right now I'm collecting, editing and publishing historical rhetoric texts ...
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I feel like I keep returning to the same types of projects. Right now I'm collecting, editing and publishing historical rhetoric texts ...
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Here is a fun and easy way to kill your front lawn without using Roundup. The difficult part will be convincing your spouse. from Facebook ...
