My intrepid Mercatus Center colleague Veronique de Rugy and her co-author Justin Leventhal have some data on that great geyser of cronyism, the U.S. Export-Import Bank. James Pethokoukis highlights some contradictions of Trump’s trade policy. Art Carden points out that robots are not causing starvation. In this short video, Johan Norberg busts a popular myth about the history of U.S. income-tax rates. And here are more tax facts, from Mark Perry. “Is crazy Bernie Sanders a sincere hypocrite?” – Dan Mitchell asks. My former GMU colleague Tom Hazlett riffs on Mark Zuckerberg’s call for more regulation by government. A slice: It is not clear where the optimal privacy protections lie, but these three things are clear. First, Facebook is highly motivated to avoid another “existential
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“Is crazy Bernie Sanders a sincere hypocrite?” – Dan Mitchell asks.
It is not clear where the optimal privacy protections lie, but these three things are clear.
First, Facebook is highly motivated to avoid another “existential crisis” wherein scores of billion dollar fines are imposed by markets.
Second, internet users continue to happily trade personal data for “free” social media apps. In recent laboratory experiments, Facebook users were offered money to disengage. By the prices demanded by the participants, the consumer value generated by Facebook was revealed to average about $1,000 per user per year. Regulations that limit the development of such platforms may hurt consumers as well as shareholders––and the former far more than the latter.