A Free and Open Internet Is a Threat to the Establishment
2023-12-27
Last week, a video clip of Francis Fukuyama went viral. In the clip, the political scientist called freedom of speech and a marketplace of ideas “18th century notions that really have been belied (or shown to be false) by a lot of what’s happened in recent decades.”
Fukuyama then reflects on how a censorship regime could be enacted in the United States.
But the question then becomes, how do you actually regulate content that you think is noxious, harmful, and the like—and do it in a way that’s consistent with the First Amendment? Now, I think you can push the boundaries a bit because the First Amendment does not allow you to say anything you want. But among liberal democracies, our First Amendment law is among the most expansive of any developed democracy.
And you could imagine a future
How the Free Market Drove History’s “Great Enrichment”
2023-12-22
Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economicsby Deirdre Nansen McCloskeyUniversity of Chicago Press, 2022; 222 pp.
Deirdre McCloskey is a great economic historian, and in Beyond Positivism, she makes a number of valuable points that draw from her immense learning in this field. I’d like to concentrate on a few of these insights in this week’s column.
She stresses the importance of the “Great Enrichment,” the process by which the free market has, by rescuing millions from poverty, increased longevity and bettered conditions of life and material well-being far beyond all previous advancements. Concerning this, she says:
We economists have been trying ever since 1776 to explain the Great Enrichment. About the lower end of the Great Enrichment, the economic historian