The Media Bubble is Very Real: “Nearly 90 percent of all internet publishing employees work in a county where Clinton won, and 75 percent of them work in a county that she won by more than 30 percentage points.”

Heck, even we, rabid pro-marketeers, classical liberal libertarians that we are at ACC live in a county that went for Clinton. And though we live in the real world, where there are Waffle Houses, and people hunt, we live right on the edge of where America goes from reasonably normal to the urban stretch of rat warrens that is the North East.

Image: Politico

This is an excellent article on most points. We disagree that area determines the news bias however.

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Socialism is a sucker’s bet: 100 Years of Communism’s Bloody Legacy

There are people who believe that the 2008 Crash, a crash that affected many profoundly, was created by the market mechanism. Greed run wild etc etc. And while greed did indeed run wild during the housing boom it was facilitated by a key piece of central planning, a mechanism that Marx himself favored, central banks.

The Fed and its brethren kept interest rates too low for too long and as such created malinvestment on a massive scale which eventually toppled on itself.

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“Local minimum wage hikes cause restaurants to leave or shut down and deter new ones from entering, according to a new Harvard Business School study”

Last year we discussed why a significant rise in the minimum wage in places like Seattle and San Francisco was “good” for wealthy urbanites (you know, it pushes out the undesirables [some might call them “deplorables”] in the name of “social justice”) but was actually bad for those who worked for minimum wage.

Fast forward to now.

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Democrats’ all-too-telling love for Maxine Waters

Ms. Waters is a crony capitalist to the max who recently said that Putin had invaded Korea (she meant Crimea – but in this video one can see she’s not really sure about where either one is, or perhaps WHAT either one is).  She is far from the type of person the Democrats should be celebrating. But if the Democrats want to keep on losing – go right ahead.

Seriously,

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How YouTube’s Shifting Algorithms Hurt Independent Media (The ‘Adpocalypse’)

 

It’s not just Youtube. It’s Facebook and other social media too. The effort to combat what has been called “fake news”  is being used as an excuse by the #oldmedia to protect their marketshare. 

Guess who doesn’t like independent media?

  1. The old media companies that are being hammered.
  1. The politicians who have cozy relationships with the old media.
  2. The former “opinion makers”

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