Overnight News: Giving liability limitation its due: Predatory “capitalism” made a lot of stuff a lot cheaper.

The best argument in favor of liability limitation is industrialization itself, and all of its further fruits – including this one. Arms-length investment permits the brightest managers to scale rapidly and hugely, causing prices to plummet. That’s a Utilitarian argument – what’s a few deaths compared with all these riches? – but it is nevertheless a truly cornucopian display.

As with the U.S. Constitution and its chiseling rent-seeking, the progenitors of these ideas lived amidst a very-high-trust civilization they did not understand. They could not conceive of how much more underfathered people could become, nor how much more predatory they could be in consequence.

This is what I call Candy-Machine thinking (a little cheating won’t make a difference). Turns out there’s no such thing as a little cheating: Either everyone is honest because everyone is raised to be honest or, eventually, everyone is continuously both predator and prey – briefly – and unlamented thereafter.

Civilization is fatherhood – institutionalized anti-cheating. Cheating undermines it, and, ultimately if not by original intent, destroys it.

In other news:

Daniel Greenfield: Cancelled Tech Genius Behind Brave Preps the First New Search Engine.

City Journal: The Campus as Factory: Corporatist progressivism and the crisis of American higher education.

American Thinker: Preventing a Repeat of Disastrous Lockdown Policies.

Joy Pullman: 15 Insane Things In Democrats’ H.R. 1 Bill To Corrupt Elections Forever.

Roger Kimball: Peak Cancel Culture? Don’t Bet on It.