Sisco has been voted the best company in the world to work for by their employees for four years running. I do believe that, in many ways, social media companies are the tobacco companies of the 20 first century. And i do believe that they should be regulated as such. No, it's mixed sense that the that the market itself can't address this, and that government can step in.
Author and economist Noreena Hertz of University College London talks about her book, The Lonely Century, with EconTalk host Russ Roberts. Hertz blames social media and the individualist, pro-capitalism worldviews of leaders like Margaret Thatcher and Ronald Reagan for the rise in loneliness in the developed world. Russ suggests some alternative causes. The result is a lively conversation about understanding and explaining social trends.