Money, wealth, and capital can move around the world in mere seconds. Within any economic structure, capital is the building block of prosperity. With relatively new ease of access to resources, how has that changed our society? Developing nations no longer need to start from scratch, or wait long periods of time to meet demand for certain items. This has fundamentally changed what is considered capital along with the way our world and our governments function. Author and Professor Richard B. McKenzie puts it in these easy to understand terms, “The big difference is not so much the need for …
In times of violence and chaos, governments around the world have decided that cutting off access to the internet would help save lives from coordinated riots and attacks. Do you think that’s the right thing to do? Even though it’s logical to think it would help, it’s Dead Wrong®, and potentially worse.
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The narrative we always hear about automation is that it will eventually lead to massive unemployment and is a threat to our economy. A new report even states that 47% of all jobs will be automated by 2030. But that report is misinterpreted just as much as the overstated effects that would come from automation. Is there an untold side to this story? It turns out there is another narrative that almost no one talks about, and it could be potentially more harmful than automation. As Johan Norberg discusses, worrying too much about automation is just Dead Wrong®.
Social media is the new drug. We should keep it away from our kids. Research shows that those who use it more, become more depressed and insecure. 𝘿𝙚𝙖𝙙 𝙒𝙧𝙤𝙣𝙜®. The only thing depressing here is that people take these statements at face value. Get the facts from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
The Chinese tech company Huawei has been blocked from doing business with U.S. companies. At last, America strikes back. A severe blow against China’s attempts to dominate tech. Dead Wrong®. Is this the end of the issue, or the start of another Cold War? Find out from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
When drones replace planes, pilots lose their jobs. This is a brutal reminder of the rise of the machines and how we will all be out of a job soon. But that is Dead Wrong®. That argument crashes and burns very quickly when broken down by Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
Remember how the cash machines replaced all the bank tellers in the 1970’s? The same thing is now happening in every industry. The robots are coming and the jobs are going. Dead Wrong®. The machines are already here and things are just fine. Join Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg as he explains.
The information sector is growing relentlessly, especially its profits. But, its share of U.S. GDP has actually declined over the past 10 years. You’d be forgiven for thinking that this sector doesn’t contribute anything to wealth or productivity. You would be Dead Wrong®. Find out why cost and value are two completely different things from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
Smartphones, tablets, and games have ruined our children. They fill the world with distraction, so they no longer learn patience and delayed gratification. Dead Wrong®. Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg discusses what’s really going on with kids these days.
A senior British surgeon claims that young surgery students spend so much time in front of screens that they are losing practical skills, like sewing and stitching. He got a lot of attention because it combined two of our favorite pastimes, worrying about screens and complaining about the young. But it’s Dead Wrong®. Slice into the truth with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.