“Instead of calling it the sharing economy, perhaps a better name for these phenomena might be the ‘gap economy’ — the economy that grows like a weed in the interstices of regulated markets and incumbent cartels. In an interventionist, mixed economy, it’s not hard to find examples of both ‘differentiation from generality’ and ‘life finds a way.’ It’s in the spaces left free from arbitrary government constraint and meddling where the ingenuity and resourcefulness of ordinary people are comparatively free to do extraordinary things.”
http://fee.org/freeman/detail/how-life-finds-a-way-in-the-regulatory-state
(Visited 27 times, 1 visits today)
Related posts:
Citizenship, identity, mourning loss of identity and moving on …
How Snowden's Revelations Have Strengthened the NSA
The Market Shall Set North Korea Free
Get Ahead of the Pack and Unload Bonds Now
Judge Napolitano: President Obama Puts Politics Above the Rule of Law
Bill Bonner: How I Explained Bitcoin to My 94-Year-Old Mother
The Triumvirate of Modern Warfare
Paul Craig Roberts: Pakistani National TV Reveals Osama Killing Hoax
It’s Time for Private Defense
Plain Old Money Has Gotten Buggy
In North Korea, Black Markets Are Saving Lives
Could You Be Arrested For Offering A Lyft?
The History of the Rockefeller World Empire
David Stockman: The End of U.S. Imperium—Finally!
Anarchy: The Basis for a Civilized Society