McAfee’s Miscalculation

John McAfee is a well known technologist and member of the liberty movement. He invented McAfee anti-virus software, so his tech of choice is security, and he was a Libertarian Party candidate for President although he was bested in the primary by Gary Johnson. McAfee’s approach to security is essentially opposite my own: He takes … Read more McAfee’s Miscalculation

Virtual Competition Solves Geographic Monopoly

This article defines virtual competition and argues that it is a mechanism to solve geographic monopoly. Virtual competition is competition conducted through exchanges of information. Financial competition, reputation, marketing, and so on are all subsets of virtual competition. Such mechanisms can lead to the displacement of an unproductive producer of physical goods, even if that … Read more Virtual Competition Solves Geographic Monopoly

5 Reasons Markets Are More About Coordination Than Competition

This article gives 5 reasons that markets are better described as systems of social coordination instead of systems of competition. Monopoly markets exist. If there’s a monopoly there isn’t any competition. Some may argue that monopolistic markets are inefficient but that isn’t always true. Granted, it’s far easier for these markets to break down but … Read more 5 Reasons Markets Are More About Coordination Than Competition

A Short Discussion on Economics of Organization

This article will make a few short points on the economics of organization. I will argue that in the long run the optimal structure of organization is the individual within a network, that we are progressing towards that model but that we are also still a long distance away. There will be no attempt at being … Read more A Short Discussion on Economics of Organization

Defining Government

This article seeks to define government. I recently read some of the work of David Friedman and watched a video of his speech at PorcFest. He attacked, I think successfully, the Weberian definition of government. He then provided his own definition which doesn’t work either, for reasons I will address in my next article. I … Read more Defining Government