[FRIAM] ill-conceived question

Marcus Daniels marcus at snoutfarm.com
Sun May 3 00:06:42 EDT 2020


Steve writes:

< Hard-line "invisible hand of the market"-eers will insist that if it exists in our economy, that it *must* be of interest/value/use to *many* (or at least some).  Invoking the idiom of "follow the money", I agree that we *can* follow a chain of implied value that leads from the most marginal or absurd to the common and mundane. >

I had a similar thought when I saw this<https://vimeo.com/372265771> video.  One can’t simultaneously be sympathetic to this initiative and believe in the invisible hand of the market.    I haven’t found good recent documentation, but I’ve heard that on the order of 30% of internet bandwidth has been used for pornography.

Marcus
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