For any of you who may be feeling particularly depressed about the state of the economy, politics and the regulatory leviathan in general, this will cheer you up greatly. It certainly improved my overall outlook.
Although this trend is very much a good thing, I do have some concerns. One of them is for intellectual property protection. All advances in technology and the arts are the result of intellectual endeavors, and assuring the rewards and return on investment of those endeavors is essential to continue the advances. Another concern I have is for ‘real’ property rights. I would very much like to hear from any of the Samizdata commentariat who have access to, and perhaps even do business in “l’economie de la débrouillardise.”
As the dollar and the Euro flare off into nothingness like the methane from a decomposing landfill, I presume System ‘D’ is Plan ‘B’ for advanced Western societies as well. How will that unfold?
