A concern we often hear regarding the rise of Artificial Intelligence is that it may one day take over humanity. In fact, many people seem to skip several steps of critical thinking and just assume this hostile takeover is an unavoidable eventuality. After all, there’s no time to reflect with the pending cyborg army attack. […]
Looking for government laws to solve problems is literally the last thing we should do. These days, it seems like we’re happy to discard both a sizable chunk of our IQ points and our imagination the moment a societal challenge arises. From school shootings to climate control to concerns about the growth of Artificial Intelligence, […]
Logically, giving a task to the most capable and productive person for that job is the best choice. One could argue that an individual can prove their merit through their work, production, and execution. Illustration: If you required life saving brain surgery and had the opportunity to select your surgeon. Assuming all else is […]
For most of human history–and sadly in many parts of the world today–the alternative to child labor is starvation. Prior to taking a job in a factory, a young person in an under-developed nation was not exactly spending their time playing with friends or staring into the clouds. Far more likely, their new factory job […]
Making sure that every worker is paid a “living wage” is a good thing, right? Well, it certainly sounds good, but let’s unpackage the premise to confirm that we’re not actually advocating a policy which does more harm than good. Minimum wage laws prohibit any person from being employed if the value they offer is less […]
The US Railroad System – The federal government has made rail travel less affordable, destroyed competition, and vastly reduced rail use.
1950’s, Interstate Commerce Commission forced private railroad companies to keep open lines which were losing money, and set rates instead of letting market decide. Unions helped cripple railroad companies. Even though the job of stoking the old steam engines had been eliminated, railroad unions fought for 35 years to keep firemen in diesel locomotives. After […]