Michael and Derek Khanna
, Yale Information Society Project
Fellow, talk about Derek’s Piece in the American Conservative
called The Party of Innovation
The article encourages the Republicans to embrace what Khanna calls “real free market policies” to foster in a new revolution in tech in the American marketplace. Khanna advocates free markets as a path toward economic growth. He encourages big “disruptive” innovations, like Tesla stirring up the automative industry, and Uber challenging the taxi establishment.
Khanna tells the tale of Outbox, a start-up that offered a service digital scanning and email paper mail for consumers. Eventually, as they grew, the Post Office stepped in and quashed the start-up.
23andMe was a company that analyzed DNA for $100 and told individuals what their genome indicated. They got a letter from the FDA saying that they were diagnosing people and needed to cut it out.
Derek saw how mobile phones were tethered to carriers as a slap in the face of the free market. Some legal barriers arose to prevent consumers from switching handsets between carriers. Copyright, it seems, has been used to stifle innovation, so Khanna is fighting to make sure these kinds of rules aimed at protecting content creators aren’t used to stifle innovation.
Since World War II the U.S. Federal Government has been increasingly undermining market forces in the American medical system. In this podcast, Richard Amerling, M.D. reviews the harmful consequences of these failed top-down policies and what can be done to restore a true free market. The invisible hand of the free market would lower prices, increase quality, strengthen the patient-physician relationship, and encourage patients to make wiser health choices, leading to healthier patients, explains Dr. Amerling. Click here to read
Dr. Amerling’s latest article, “The Clouded Utopian Vision for Healthcare Ignores Reality.”
Michael Strong and Whole Foods CEO, John Mackey created the Freedom Lights Our World (F.L.O.W.)
project to explore entrepreneurial solutions to the worlds problems. In this podcast, Mr. Strong discusses with Michael Ostrolenk his transformation from left-wing college student to “conscious capitalist” and why free markets are the most efficient way to find creative, and innovative ways to eliminate societies plights while protecting our environment and human dignity. His book Be the Solution
is available at http://astore.amazon.com/frliouwoflin-20