Quotation of the Day…

(Don Boudreaux)

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… is from page 4 of Reason magazine editor Katherine Mangu-Ward’s superb editorial in the July 2021 issue, “Don’t Try to Fix Big Tech With Politics” (no link to this piece by Katherine is yet available):

There is one clear monopoly in this ecosystem, however: the state. Any legislative or regulatory restriction on Big Tech will not be a triumph of the oppressed over the powerful. It will be yet another instance of the already powerful wielding the state’s machinery to compel private companies to do what they want, likely at the expense of their market competitors or political enemies. Such reforms are far more likely to be censorship than to reduce censorship, in the strictest sense.