SocraticGadfly: Cato Institute
Showing posts with label Cato Institute. Show all posts
Showing posts with label Cato Institute. Show all posts

December 03, 2010

Cato isn't really supportive of civil liberties

When civil liberties and business libertarianism collide, Cato shows on which side it butters its bread.

Surprise, surprise, in a NYT mini-column, that Jim Harper, the director of information policy studies at the Cato Institute, says the Federal Trade Commission should not impose standardized opt-in and other rules to restrict big business from tracking us on its websites.

Marvin Ammori, a law professor at the University of Nebraska-Lincoln who advises the advocacy group Free Press, knows we really need this:
Self-regulation by online companies will continue to fail to protect privacy because these companies’ incentives, including lax security incentives, will result in privacy abuses. Direct regulation, not mere consumer consent, is necessary here, as it is in many other areas.

Self-regulation is like calling your own fouls in playground basketball, which isn't easy. ... Partly because of information asymmetries -- few consumers know the extent of tracking, retention, and subsequent sale of their data among companies or what their options are -- only one team calls the fouls, namely the ad industry team.

Couldn't have said it better myself.

What Cato, in its hypercapitalist libertarianism, refuses to acknowledge is that Big Business, like Big Government, has the power to violate privacy rights. Privacy rights is NOT like censorship, a matter controllable only by governments. Unless we are all to approach John Galt/Thomas Jefferson yeoman farmer levels of self-sufficiency, we have to purchase products and services. And, with the rise of the Internet, more and more often, those purchases MUST be made online.

October 15, 2006

Why electric deregulation isn’t working

Even the Cato Institute doesn’t like it, but for the wrong reasons, although it’s OK with reverting

As I can tell you from living in Texas, even though 100 percent dereg doesn’t hit here until Jan. 1, it just doesn’t work. Of course, if you want more proof, read this from the New York Times.

As for Cato? It’s complaint is that dereg still leaves the government too much in the market. Hey, Mr. “Libertarian Democrat,” Markos Moulitsas, did you hear that? Sure, the libertarians are all going to migrate to the Democratic Party. (I swear he gets more self-delusional all the time.)
But some advocates of introducing competition to the electric industry have soured on the idea. They include the Cato Institute, a leading promoter of libertarian thought that favors the least possible regulation and that concluded earlier this year that government and electric utilities have made such hash of the new system that the whole effort should be scrapped.

“We recommend total abandonment of restructuring,” Cato said. If the public rejects a greater embrace of markets, Cato wrote, the next best choice would be a “return to an updated version of the old” system.

Well, I’ll agree with the last sentence, there, which is shocking enough.