Permissionless innovation
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Permissionless innovation
1–10 of 115 posts
Re: Permissionless innovation
#2The author has a great interview on econtalk about this which I found very interesting.
Re: Permissionless innovation
#3Pro-capitalist propaganda disguised as "freedom".
Re: Permissionless innovation
#4Pro-capitalist propaganda disguised as "freedom".
I was going to disagree, then I read the paragraph against regulation.
Re: Permissionless innovation
#5Pro-capitalist propaganda disguised as "freedom".
How dare anyone promote the most successful anti-poverty economic tool ever invented - letting people freely exchange labor and goods in a system of laws and contracts.
Don't believe me? Look at when China implemented free market reforms then look at when their economy began decades of massive growth. China used to have 500 million people who had never owned a toothbrush. Now all the toothbrushes in the world are made there.
Re: Permissionless innovation
#6Pro-capitalist propaganda disguised as "freedom".
I was going to disagree, then I read the paragraph against regulation.
The author is obviously not against regulation - deregulation is the crazy idea that there can be too many regulations that end up being harmful to progress and safety, but that some lesser level of regulations are still necessary.
Think this is obviously untrue? In some places you can't wash someone else's hat without being certified and bonded. Maybe you think that's a good regulation, but you'd be in the minority.
Re: Permissionless innovation
#7Pro-capitalist propaganda disguised as "freedom".
I was going to disagree, then I read the paragraph against regulation.
I don't think he was against relation but he mentions in the interview what kind of regulations actually stops even starting businesses like building a hospital only if other hospitals sign that city needs another one. He had other examples too.
Re: Permissionless innovation
#8Is this actually saying anything other than that government should get out of the way?
Re: Permissionless innovation
#9Pro-capitalist propaganda disguised as "freedom".
How dare anyone promote the most successful anti-poverty economic tool ever invented - letting people freely exchange labor and goods in a system of laws and contracts. Don't believe me? Look at when China implemented free market reforms then look at when their economy began decades of massive growth. China used to have 500 million people who had never owned a toothbrush. Now all the toothbrushes in the world are mad…
Right so there's a difference between the dictionary definition of capitalism, and the current system in the USA where money has replaced democracy and you can get away with anything as long as you're rich enough. Look at AirBnB, Lyft, Uber, Carl Icahn, oil companies, etc.
Re: Permissionless innovation
#10The author has a great interview on econtalk about this which I found very interesting.
As a long time econtalk listener I am kind of disappointed with this week's episode. I don't feel like they really elaborated beyond "we should have permissionless innovation"