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Tag Archives: business

How China locks down social media (Other countries are taking notes)

6 Years ago while watching a video of Ron Paul on Youtube and while reading a fairly sophisticated debate below the video on the nuances of Austrian economic theory I was hit with a bolt of lightning. Social media was about to revolutionize everything. I soon founded a tiny company which specializes in developing social media strategies.

But just 6 short years ago social media was still a fairly tough sell to businesses. It’s hard to imagine but just a few years ago Twitter, Facebook, Youtube, Pintrest, Instagram, and the rest generally weren’t seen as important to almost anyone in the non-tech business world. There was some understanding of social media’s power, but most couldn’t see how vital it would become for pretty much everything. Just 6 years ago.

Fast forward to today and now everyone sees social media’s power including the enemies of information exchange. In the attached article The New York Times examines one such enemy, China’s social media commissar, Lu Wei, and he is not playing around.

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Champion of the market Tyler Cowen praises Keynes?

Tyler Cowen is considered one of the most influential market oriented economists in the world. He heads the increasingly important Mercatus Center at George Mason University just outside of Washington DC and his website A Marginal Revolution is widely read. I once heard him speak at a Students for Liberty conference where he was warmly received by 250 fire breathing young activists. Cowen has serious free market credibility. That’s why it is frustrating to see Dr.Cowen heaping praise on perhaps the most destructive economist to tread terra firma, JM Keynes.

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We said Obamacare was a crony capitalist jack for the insurance companies, Now even the New York Times agrees with us

It’s about time, but it’s too late now. I guess there is some comfort in knowing that the even the statist Gray Lady sees what Obamcare actually is. Though I am going to guess that the New York Times editorial board isn’t going to come out for repeal even though the program was sold with out and out lies and is pouring billions in taxpayer dollars into the pockets of the health insurance companies.

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Why Wall Street loves Hillary

For the bankers the main issue is who will keep the current implied bailout regime in place? Who will let the Federal Reserve do what it does without criticism? Who will keep the light from shining on them? Who won’t question the current system of debt piled on debt piled on debt. Who will happily do The Street’s bidding?

Hmmm.

Hey Hillary, you’re “pragmatic.” You look pretty good. Here’s $100 million. Now go knock em’ dead.

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What’s really behind the so called “net neutrality” push? Part of it is Netflix versus Comcast

I like Netflix as much as the next guy. Great shows. Pretty good movies for the most part. It’s a good company which delivers a high quality product at a reasonable price. And House of Cards which is produced by Netflix is a favorite in my house.

But people should be aware that the president’s recent pronouncement in support of “net neutrality” has a long back story. A giant part of this story is Netflix and by extension the entertainment industry not wanting to pay for overwhelming ISP networks.

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