The recent debate at the SOHO Forum on automation and potential joblessness got me thinking about the issue. One thing that I think Antony never brought up is comparative advantage.
Not every private contract is enforceable. Example: cartels fail because each party benefits if they violate the agreement to refrain from lowering their prices
I truly appreciate the nuance with which Dave approaches the issue—something which tends to be missing by "both sides" on this subject. Despite that, I still had my disagreements
In particular, his work on intellectual property leaves much to be desired. His essay, The Law of Intellectual Property, offers a somewhat confused theory of IP, contains contradictions, and rests on questionable fundamentals.
“You can’t have open borders with a welfare state.” This common assertion should not be taken as gospel. It depends on a few factors, which are at the very least questionable.
Often, objections to police misconduct, business regulations, taxation, or just some trivial statute inspire the response of "it's the law." The implication being that we shouldn't do it because the law prohibits it.
In contemporary political discussion, a few things about the economy are usually taken for granted that are flat out wrong. In particular, the rise of economic nationalism - exemplified by the populist movements surrounding Donald Trump and Bernie Sanders...