The Answer Is Transaction Costs

← The Answer Is Transaction Costs14. Juli · 27 Min.

When Mass Outrage is Cheap: TC Origins of Cancel Culture

When Mass Outrage is Cheap: TC Origins of Cancel Culture14. Juli27 Min.

Send us Fan Mail We trace a straight line from a 1697 blasphemy execution to modern cancel culture by focusing on one variable: the cost of turning speech into coordinated punishment. We break down how social media creates common knowledge at near-zero cost, making outrage faster, bigger, and harder to control. • Thomas Aikenhead’s case as a story about information and enforcement costs • Transaction costs as the hidden limiter on persecution and social punishment • The Firs...