Sadly, death first, then freedom.

OK, yes, shocking title but bare with me here.

Obligatory pre-post WARNING: This post is a bit of a rant, bit of my ideas, bit of truth, bit of something to teach, and hopefully some I can learn from as well.

Now for as long as I have been learning about economics there have three fundamental building blocks to economies, in no order:

  • Education – pretty simpler here for soicety, know more, do more.
  • Manufacturing – again, easy, make stuff, employ, sell stuff, profit.
  • Extraction – take nothing/little from the earth, make something, sell something. ie mining, agriculture, natural power (like wind, solar), etc.


  • I feel it is pretty clear we have a fourth, fundamental building block of economics.

  • The Internet.

  • Some might argue that the Internet is just another form of infrastructure, like how good roads, railways, and water passages have helped build economies. But the brick and mortar infractrures dont make money by themselves. They are catalyst to speed economic growth up. OK, yes, these statements make the internet sound like freeways on steroids but the internet does more that than.

    It educates. It manufactures. It extracts.

    It employs.

    Some day all the old guard will finally die off. And most of the industrial world will be full of leaders who never new life without the internet. All laws will have an undertow that the internet will guide, it will be the, beg my misnomer, natural way of things.

    /rant

    Ignore this, that’s fine, I may be just dying to play an hand of online poker anyway.

    Thanks for reading,
    Joe

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    4 Responses to “Sadly, death first, then freedom.”

    1. Steve Brogan Says:

      Joe, I agree with you that the US is making a big mistake. But then again I to miss the old days of online poker. Thanks for sharing your thoughts with us.

    2. Joe Tall Says:

      Hi Steve,

      Thanks! Its not so much just online poker, it’s the old guards view about the internet. I thought they would embrace it faster, but sadly, they’ll just have to die off to get the correct changes in place.

      We are in for one fun, fast, future, that’s for sure.

      Thanks again,
      Joe

    3. Kurn Says:

      Authoritarian big government hates the internet. Not only do those old guys (unlike old libertarian guys like me) have to die off, but their governmental concept must also be laid to rest. They’re not giving up without a fight. As for internet poker, right now the only way we get it back is with a direct line to the IRS. A Hobson’s choice, at best.

    4. joetall.com » Blog Archive » Thank you DOJ! (no seriously) Says:

      [...] Sooner or later there will be online poker, in fact, there will be online everything once the old guard dies off. (see my rant “Death first, then freedom.“) [...]

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