Free minds and free markets, liberty and responsibility. Fiscally conservative, socially liberal. I am VP @reasonfdn. Pardon any nerd rage you may encounter.
It’s not at all clear how the New Mexico court reached the $25 billion amount in its judgement against Meta. How did the court do the math? Who did it consider as part of the damages?
1/🧶
My latest for @opinion debunks 3 myths about US manufacturing jobs: 1) they're all good paying; 2) they're all attainable by anyone with a HS degree; & 3) Americans are dying to work them.
These 3 fuel a lot of bad policy (eg tariffs); politicians should stop spreading them. /1
https://t.co/HSbqv2ixtF (🎁 )
Oren Cass says that the Middletown steel plant is evidence of "tariffs working the way they are supposed to" and tells others to "learn to read." Ironically, his own sources do not support that claim. Maybe he should take his own advice.
My latest in @rc_markets:
https://t.co/MM4Rm45Dr4
Flock camera abuse is so bad. These cops kept access to it after they left the force, and I’m sure you won’t be surprised to learn they used it for bad purposes. https://t.co/admdQfKiqq
'The Molly Rose Foundation, an organization supportive of government regulation against online harms... found that 6 months after Australia banned kids under 16 from having social media accounts, 85 percent of kids under 16 continued to use social media.' https://t.co/337eonoSh8
Fun fact: The feds can throw you in prison for 5 years if they catch you distilling spirits in your own home. It's not about safety. It's about tax revenue.
Should you spend more time in prison for making vodka than many people do for violent assault?
The wealthiest Americans pay almost all taxes as is. The problem is not and has never been that they don't pay enough, it's that the government spends way, way, way, too much. The fix is not even higher taxes, it's basic sanity around spending.
My better half @CadenRosenbaum talks tech policy with @Andrew_Langer - great insights on privacy, age verification, California, and Caden’s sordid past as an accountant. https://t.co/tMpf3ro3sc
When I was giving testimony on behalf of a bill to speed up permitting this past session, a certain (happily termed out) Republican state legislator point blank argued on the record that California was losing population because too many apartments are being built.
Be Prepared for Elizabeth Warren's Reign of Economic Error
The progressive Democrat, whose party may take control of the Senate, is sounding alarms over consolidation in the hot sauce business. https://t.co/W9fk7MDcum @reason@nickgillespie
Interesting 🧵 on new paper looking at the effect of AI adoption by firms on their employment
“we find no statistically significant evidence that more AI-exposed occupations experienced larger declines in job postings or higher rates of job loss after ChatGPT’s release.”
1/ New AI paper update with @FilipJole, @VitorMelo, and @BrendanDMoore:
“Job Loss Fears in the First Years of Generative Artificial Intelligence”
Workers are deeply worried that AI will take their jobs. So far, the labor market data tell a different story. 🧵
Very happy to see our paper on TCJA’s corporate tax cuts out in the AER.
We ask:
1) How large are economic distortions from the corporate income tax?
2) Who bears in the incidence?
A short summary thread.
https://t.co/U5MA830LCM
I wrote an op-ed.
States are boosting high school graduation rates by lowering the standards required to earn a diploma, with serious unintended consequences. Credentials only have value if they signify real knowledge and skills.
https://t.co/SeQDkvXYwR
“Last week, not only did Oregon's restrictive gun laws fail to stop a shooter intent on killing innocent people, but a passing good Samaritan had to violate those laws to end the murder spree. Fortunately, authorities don't appear intent on prosecuting Kaylub Giamanco, father to two girls who attend the school, for ignoring the ban on guns on school grounds to save lives.” https://t.co/UkhhyRfdtD @reason@JD_Tuccille
There are just so many shadowy anti-innovation groups around today with phrases like “People First” and “Humans First” in their names. These anti-progress front groups are growing fast thanks to special interest money and growing doomer cash networks.
And as this example of their efforts to block driverless cars illustrates, they really are not about putting people or humans first. If they did care about people, they would be embracing life-saving technology instead of looking to block it. These groups are looking to repress choices that people want and that humans deserve.
I just find this amusing. People can oppose autonomous vehicles. I disagree with them. But if you’re going t to oppose AVs and actively work to influence legislation on it, maybe make sure your astroturf group is making accurate claims. Great reporting by @washingtonpost
LOVE this new piece from @dr4liberty@AdamOmaryPhD
Informed consent applies to psychiatry too. But not in practice.
"If a treatment can improve your health, does that give the government the right to force it onto you? Should the state compel people with diabetes to take insulin, patients with hypertension to take their medications, or people with obesity to lose weight?
Most Americans would recoil at such proposals. Yet when it comes to people diagnosed with psychiatric disorders, many people seem willing to make an exception."
I recently read about a woman forced to take meds for bipolar disorder in order to keep custody of her kids during a divorce dispute. But the meds made her worse!
New York Power Authority gives data centers discounted electricity without disclosing how much they're saving. Our Alex Camarda calls for transparency: “[NYPA] should undoubtedly disclose how much the state is subsidizing companies in total and individually for low-cost power.” https://t.co/E0sDKqUZyG
@marcjoffe It’s factually true that cycling ON ROADS is more dangerous than driving. But that is because car drivers run them over. As I’ve witnessed over 1/2 dozen times in my life.