Gongol.com Archives: March 2017

Brian Gongol


March 24, 2017

News It's called "rent-seeking", and it's not good for consumers

In seeking to prevent "transportation network companies" (Uber and Lyft, mainly) from competing with conventional taxi services, a union leader in Nevada wants state legislators to try imposing restrictions -- like requiring a 10-minute delay between ride request and pickup and placing a ban on surge pricing. It's completely understandable if taxi drivers feel threatened by competition. It's also perfectly reasonable to consider mild regulations in the direct and immediate interest of public health and safety. But artificial restraints on competition like service delays and price ceilings are pure rent-seeking behavior -- that is, the use of political influence to seek income ("rents") that wouldn't be provided in a competitive market.

Humor and Good News Theo Epstein declines Fortune acknowledgement as "world's greatest leader"

It's probably a bit much to name a baseball guy as the world's greatest leader -- but there's no question that management books ought to be written about Epstein and his approach. There's simply no way that his successes at the Boston Red Sox and the Chicago Cubs were simply freak events. And it's Fortune's assertion that Epstein has applied lessons about personal character that he learned (from their absence) in Boston to building a World Series championship team in Chicago.

News AP decides "they" is sometimes OK as a singular pronoun

If the subject isn't interested in being identified as "he" or "she", the AP says it's OK to go with "they"

News Putin's vulnerability hinges on the price of oil

Per a column from the Atlantic Council: "This sector provides 52 percent of Russia's federal budget and 70 percent of its exports. These prices make or break Russia..."

News Honors bestowed on British politician who tried to save stabbed police officer

There's goodness, after all, inside most people -- including politicians

Broadcasting Radio Australia powers down its shortwave service

The long, slow decline of shortwave radio is a sad thing. Yes, Internet streams sound better. But shortwave has universal reach, and the Internet doesn't. Radio remains eminently portable in a way that data streams are not, and that's never been more significant than at a time when authoritarian governments have the power to blockade Internet access for the people living under their oppression. Those people deserve the freedom of thought that shortwave radio has historically excelled at providing.

Threats and Hazards A small example of the cruel oppression characteristic of ISIS/ISIL

In the Cold War, we opposed Soviet imperialism because it violated the right to self-determination. When ISIS/ISIL enters a place and lays down oppressive rule, then it similarly violates the right to self-determination.


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