Looking back 100 years once again, ask yourself how many would have consulted a doctor then if something resembling the coronavirus had been spreading. Or better yet, ask yourself how many would have been tested in a U.S. that was quite a bit poorer relative to today. The questions answer themselves.
About Hunter Hastings
Hunter Hastings is the Executive Director at Center for Individualism. He's an economist, venture capitalist, and lifelong advocate for liberty, economic freedom, and individual entrepreneurship.
Hunter’s current research is focused on the intersection of 21st century individualism, emerging technology and the radical decentralization that is freeing markets and creating a new spectrum of individual opportunity. His newest book is The Interconnected Individual, co-authored with Jeff Saperstein, to be published by Business Expert Press in 2018.
When making policy about complex phenomena, politicians can only guess which experts to attend to, and which to ignore. There is no reason to assume that such guesses hit their marks more often than not or, indeed, that they tend to improve the relevant circumstances rather than make them worse. Policymakers do not have access to interdisciplinary experts about complex, multi-causal phenomena. Such experts do not exist.
On the whole, excessive consumption may not fulfill a Forbes writer’s desires, but it may bring true happiness for some people. People who buy fulfill their economic role of supporting business owners and their local community. To assert that consumers should stop “excessively” buying products assumes away the only social coordination between consumers and producers that facilitates goals and mutually beneficial choices for everyone involved.
Ignoring one another is a peaceful way of coexisting; Not interacting is a viable solution unless we’re forced to do so through a one-size-fits-all political process. Playing the political game makes it worse, and the collapse of personal grand narratives have let politics substitute for every other desire we have.
As soon as factories appeared, so did “jobs”. Somehow, the term tended towards tasks that were “low” and menial. A job is something the worker takes. It is given to him or her as a gift, a privilege, an act of generosity of an employer. We should be grateful for our jobs, and try hard to keep them, not lose them.
Zuckerberg is certainly right about one thing: Apple is using its dominant position in the mobile phone market to unilaterally impose a major change to how user data is tracked and shared online, establishing an “opt in” regime – a dream of privacy activists.
The U.S. figure is far lower than many other countries with trust in government in Australia and Canada standing at 61 percent and 59 percent, respectively. It is also slightly lower than the UK where the government’s Brexit strategy has proven highly controversial with public approval of the institution 45 percent in late 2020.
The proportion of lawyers in the workforce almost doubled between 1970 and 2000, and the nation now is, Howard has said, ludicrously dense with laws and dazed by “rule stupor.” Government accountability now means only court-enforced compliance with “the ever-thickening accretion of rules, rights, and restrictions.” So, “slowly but inevitably a sense of powerlessness” pervades public and private institutions.
“Improving” the news could also be accelerated as part of the general deprogramming effort—a process that is already well underway. Networks and platforms would have to use approved terminology. For example, the Biden vaccination will lead to the Biden economic recovery from the Trump quarantine and Trump recession, and finally end the Trump virus.
In 1819, England’s debt-to-GDP ratio reached 261%. Yet England’s economy soared in the 19th century. It was the country’s Golden Age. Good policy tends to have that kind of positive effect. England broadly pursued good ones. Rather than erect barriers to foreign goods and services, the political class shrunk them.
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