@drethelin @oddblots How does 'good' come into it? Governments trying to do good have been the road to hell.
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Replying to @Outsideness
@Outsideness @oddblots I like vaccinations and having a highway system and having police and water sanitization and libraries2 replies 0 retweets 0 likes -
Replying to @drethelin
@drethelin @oddblots Private monopolies would do all those things and more if they hadn't been suppressed by Leviathan1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @oddblots any monopoly that does those things is to me pretty indistinguishable from government2 replies 0 retweets 0 likes -
Replying to @drethelin
@drethelin @oddblots Except that private monopolies are destroyed and replaced by deep competition, governments aren't (unless by war).3 replies 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness@drethelin @oddblots Government monopolies are in in interesting place re: deep competition with cryptocurrencies and p2p law.1 reply 1 retweet 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius@drethelin @oddblots Great point, but when governments incentivize deep competition to destroy them, things get messy.2 replies 0 retweets 1 like -
Replying to @Outsideness
@Outsideness@ProfessorZaius @oddblots what's deep competition?1 reply 0 retweets 0 likes -
Replying to @drethelin
@drethelin@ProfessorZaius @oddblots Non-neoclassical disruptive competition, when entire industries are blown up by innovative enterprise.1 reply 0 retweets 1 like -
Replying to @Outsideness
@Outsideness@drethelin @oddblots The destruction of the buggy-whip industry is a pretty common case study in econ courses.1 reply 0 retweets 2 likes
@ProfessorZaius @drethelin @oddblots It would still be hanging on through government bail-outs if the same changes were happening today.
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Replying to @Outsideness
@Outsideness@drethelin @oddblots Music publishing seems to be dying pretty easily. Revenues halved since 2000.0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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