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Competion keeps companies honest

Verizon Throttles Netflix Subscribers In 'Test' It Doesn't Inform Customers About

So for years Verizon Wireless refused to compete on price, insisting that the company's network was just so incredible, it didn't have to. Then came increased competition from T-Mobile, which forced the company to not only start competing a little more seriously on price, but to bring back unlimited data plans Verizon had spent years telling customers they didn't need. And while Wall Street cries about this rise in competition hurting earnings at least once a week, it has generally been a good thing for consumers.

But there's two things waiting just over the horizon that could ruin everybody's good time. One is a looming merger between Sprint and T-Mobile, which would significantly reduce competition in the wireless sector, eliminating much of the pressure on mobile providers to compete. The other is the impending death of net neutrality protections at the FCC, which currently keep these carriers from abusing this lack of competition to drive up costs and hamper content competitors.

But another, important part of net neutrality rules is the requirement that carriers are clear about just what kind of connection you're buying. Last week, Verizon apparently got a running start in being less transparent when it decided to begin throttling its wireless customers without telling anybody. Users at Reddit began noticing that when they streamed Netflix content or accessed Netflix's Fast.com speedtest, their connections were magically limited to 10 Mbps. When they used other companies' speedtests or used a VPN to mask their traffic, they received the full speed of their mobile connections.
     — Karl Bode

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from crux № 19 - Free market

It constantly amazes me that the defenders of the free market are expected to offer certainty and perfection while government has only to make promises and express good intentions.
     — Lawrence W. Reed,

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Cash means freedom

The End of Cash; The End of Freedom

Recently the Indian government took high value bills out of circulation, in order to fight corruption. This has been bad for the economy, not just because the gray economy is large in India, but because India is a place where a ton of business is done by cash, not by credit.

In France, because of “terrorism”, cash purchases are now limited to one thousand euros.

In many countries there is a push to move away from cash, towards electronic payments. Electronic payments are, of course, easier for governments to track.

The obvious point is about taxation; you can tax money you know about. But the less obvious point is about control and surveillance: if everything is done electronically you can know who is doing what, because spending is doing. Nothing meaningful can be done in the modern world without money following it: people need money to live and money must be used to buy any goods involved.

If everything can be seen, everything can be controlled. Readers may remember when PayPal, Visa and Mastercard all decided to cut off payments to Wikileaks. I know it’s common on the left now to hate Wikileaks, but only a fool doesn’t understand the power involved in stopping someone from getting money.
     — Ian Welsh

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Private property

Private property is the the foundation of prosperity, as explained in Hernando de Soto's The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. Without private property, there can be no free market. Without a free market, the economy is screwed. The climate alarmist movement exists to redistribute wealth "for the greater good."
     — NeoWayland

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❝Government Can't Fix Healthcare❞ by Prager University

“Why is the government so bad at healthcare? Why did Obamacare make it more expensive than it already was? Is there a solution? Former Member of Congress Bob McEwen explains.”

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“Solving” net neutrality

“Net Neutrality Supporters Should Actually Hate the Regulations They're Endorsing”

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“The Truth About Net Neutrality” by Stefan Molyneux

I'm not fond of Stefan Molyneux. I think he rambles and talks way too much on any given topic.

However I can't deny that this video is the single best explanation about net nuetrality.

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“It's a Wonderful Loaf” by Russ Roberts

“A whimsical animated short film based on Russ Roberts's poem about emergent order and the supply of bread”

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NeoNotes — The New Deal and the free market

All evidence shows that the New Deal prolonged what should have been a short term correction. Not to mention that government actions created the crash to begin with. Things like manipulating the price of gold, restricting the amount of currency, and messing with import/export taxes.

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NeoNotes — The screws

Almost nobody bothers to ask if the screws should exist in the first place.

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NeoNotes — Free markets mean liberty

With government interference, one side exploits the others.

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How Prostitutes Settled the Wild West - Adam Ruins Everything

Surprising history

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“Instead of Famine — Thanksgiving!” by Henry Hazlitt

This 1968 Henry Hazlitt op-ed quotes William Bradford to tell you how it really was

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“Scrooge McDuck and Money”

Animated classic from 1967 shows the evolution and role of money in society. Money is only useful if it circulates.

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“Make Mine Freedom (1948)”

Animated classic from 1948 shows the politics of disunity

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Taking away choice

In a free market, if you don’t like what a business is selling, you don’t buy it.

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Bad ideas

Why I think some ideas are bad

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Apple patented blocking smartphone cameras

Sometimes the oddest things can have the strangest consequences.

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Racism or Tea Kettles?

As a free trade supporter, the downside would be the loss of a free trade zone with the rest of Europe, but I am not sure it can be called a "free trade zone" if they are banning toasters.
     —Warren Meyer, Was Brexit About Racism or Tea Kettles?

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Catastrophe or Opportunity

The sky is not falling, and when the dust settles, Britain's decision may very well prove to be a pivotal event in the reshaping of global relationships and trade that will, in the final analysis, benefit all of us.
     — Gary Johnson, You Can Look at Brexit as a ‘Catastrophe’ or an ‘Opportunity’

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Local power

Large companies shift power and responsibility away from local operations

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NeoNotes — Ordinary

Most of the ordinary are already great.

Even their day to day actions produce wonders.

That orange juice in your fridge and in fridges all over the country? Absolutely wonderful and put there by everyday people doing everyday things.

That smartphone you use? We were barely reaching for it twenty-five years ago. Made possible by ordinary people wanting things just a bit better than they were yesterday.

That food bank downtown? It's only there because some folks decided to make things a little easier for their neighbors.

All great things. All wondrous things. All made possible by ordinary people.

NeoNotes are the selected comments that I made on other boards, in email, or in response to articles where I could not respond directly.

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Twitterfied - updated

But here’s the thing. They make no secret of their opinion. If they think I am wrong, they tell me and they tell me why.

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Apple stands for rights

The FBI won’t stop at one iPhone.

The FedGovs won’t stop at ten thousand smart phones.

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Holding up prices

This does show a lack of competition.

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Adequate

Mind you I still wasn’t getting the service I paid for, but it was so much better than what I’ve had for the last few months. I almost caught myself sending them a thank-you.

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Introducing the Love Gov

The Federal Government as an abusive boyfriend. Be sure to share with your friends.

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When bad service is the best option…

It’s literally the best available here.

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Abundantly clear

The free market doesn’t have government regulation.

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Free Range Kids

“You can’t childproof the world. The best you can do is worldproof your children.”

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Rebellion isn't free

Today I’ll talk about the Free Market Rebellion.

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Bottleneck

America’s internet doesn’t have the problem you think.

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Apple sneaks up on the competition

It’s not about Apple, it’s about the free market.

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Government FREAK out

Do you think we would have the smartphones and tablets and laptops we have now if the tech had to be Government Approved?

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FedGovs go after the internet

There’s a secret plan.

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Capitalism isn't

Just in case you were wondering

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Greener than thou

Power to control

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The future gets greener for Al Gore

Cashing in on people's fear

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Liberty, the internet, and the free market

The last, best hope for freedom Read More...
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Public School Monopoly

Complaints show that public schools are insulated from the forces that would force improvement Read More...
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Competition

Competition breeds progress and encourages honesty Read More...
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