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Permissionless Innovation
Report

Permissionless Innovation

The Continuing Case for Comprehensive Technological Freedom


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Editorial Rating

8

Recommendation

Adam Thierer, a research fellow at the conservative Mercatus Center, makes a strong case for “permissionless innovation,” a hands-off approach to technological advances. He explains that crafting reasonable regulations is difficult because policy makers assume that the past predicts the future and because they begin from a position of fearing the worst-case scenarios. However, technology moves too fast for legislative procedures to match its progress. Thierer’s energetic prose, supported by detailed references, deserves careful reading. While always politically neutral, getAbstract recommends his compelling case for a fearless laissez-faire approach to regulating new technology to regulators and to those who are wary of regulation.

Take-Aways

  • Poorly considered regulation is the death of innovation.
  • Citizens always adapt to technological advances.
  • Policy makers should not turn social norms into legal directives.

About the Author

Adam Thierer, a senior research fellow with the Mercatus Center Technology Policy Program, specializes in the Internet and free speech, and reports on media, safety and digital privacy.