"The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the
neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another." ~ Milton Friedman
Building an Opt-In Society
In a talk at Y Combinator's startup school event, Stanford lecturer Balaji Srinivasan explained his vision for governing systems of the future. The idea is to find space to set up a new 'opt-in' society outside existing governments, and design it to take full advantage of technology to keep people in control of their own lives. That means embracing tech that subverts existing industries and rejecting regulation on new ways of doing things.
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What's depressing here are all the "I love my nanny state and I'm keeping it!" tirades in the comments section. Hopefully, it's mostly a bunch of conditioned Europeans.