Daily Entry: October 21st, 2017

Sat Oct 21 23:48:35 UTC 2017

Time block

Time (PDT) Intention Revision 1 Revision 2
0430 SLEEP
0500 SLEEP
0530 SLEEP
0600 SLEEP
0630 SLEEP
0700 SLEEP
0730 SLEEP
0800 SLEEP
0830 SLEEP
0900 SLEEP
0930 SLEEP
1000 SLEEP
1030 SLEEP
1100 SLEEP
1130 SLEEP
1200 SLEEP
1230 SLEEP
1300 Computer
1330 Computer
1400 Computer
1430 Walk to Sizzle Pie
1500 Sizzle Pie
1530 Sizzle Pie
1600 Mighty-Os Donuts
1630 Actions: Reading
1700 Walk home
1730 Chores
1800 Gaming: Overwatch
1830 Gaming: Overwatch
1900 Gaming: Overwatch
1930 Gaming: Overwatch
2000 Gaming: Overwatch
2030 Gaming: Overwatch
2100 Packing
2130 Packing
2200 Buffer TV
2230 Buffer TV
2300 Buffer TV
2330 Buffer TV
0300 SLEEP
0330 SLEEP
0400 SLEEP
Sat Oct 21 23:55:53 UTC 2017

Basic Economics.

Chapter 8: Regulations and Anti-Trust Laws.

This book is very convincing, I must say. It is only once it breaches subjects that I am more familiar with that I am reminded that this philosophy isn't perfect nor does its understanding of reality always properly reflect reality.

The book lists anti-trust actions against Microsoft as an example of bad anti-trust laws. I simply do not agree. Microsoft had a true monopoly. If this writing becomes a proper review of the book in the future, again I'll have to "find my sources" (probably how I'll search for writing that needs citations when I review these writings later), but off the top of my head Microsoft forced hardware manufacturers to exclusively bundle its operating system with their computers (no other OS bundling allowed), would annonce the development of software that it had no intention of devloping to deter competitors from developing that same software (aka annouce vaporware).

It was so bad that Microsoft was forced to invest in Apple (for a variety of reasons) such that they had a proper competitor. And until Apple grew in popularity, Apple basically stayed the only competitor. If not for that requirement, Microsoft could well have had a stranglehold on the market for quite some time.

And the example given in the book was about an anti-trust law that required Microsoft to allow competitors to develop software applications for its OS. Definitely a major win that allowed true competition in the variety of possible software a user has access to on their computer. Something that very likely improved Microsoft's quality to users, and set a standard for potential competing OSes to follow.

Businesses do things against their own interest for greedy reasons all the time. When forced to do a thing that fosters competition, it often improves the anti-competition businesses bottom-lines. It happened with Rockerfeller, and it probably happened with Microsoft.