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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Jan 2015 Leave a comment
in technological progress Tags: creative destruction, innovation, technology diffusion
22 Jan 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, movies, politics - New Zealand, technological progress Tags: 3-D movies, creative destruction, innovation
We saw Peter Jackson’s latest Hobbit movie the other day. The other films previewed before the Battle of the Five Armies were also 3-D films.

The first of these was a cartoon where the 3-D technology seemed to be based on using crayons to try and trick you as to what was going on.
The next trailer was the next Star Wars movie in 3-D. Again, it was vastly inferior to the 3-D technology of Sir Peter Jackson and his team.
I noticed the same with all the 3-D films of Sir Peter Jackson: they are much better than the competition.
More than a few times in the 3-D films of his competition, you doubt as to whether the film is in 3-D or not and can’t really tell the difference sometimes as to the 3-D effect over normal films in terms of cinematic experience. Example of this was the last Star Trek movie we saw. The 3-D effect failed in a number of occasions.
Clearly there are trade secrets in 3-D films. The 3-D effect works pretty well in Peter Jackson’s films, except for the occasional close-up transition, and sometimes is quite dazzling.
21 Jan 2015 1 Comment
in economics of media and culture, technological progress Tags: The Great Enrichment
21 Jan 2015 Leave a comment
in entrepreneurship, labour economics, labour supply, technological progress Tags: creative destruction, entrepreneurial alertness, innovation
14 Jan 2015 Leave a comment
in labour economics, occupational choice, survivor principle, technological progress Tags: creative destruction
13 Jan 2015 Leave a comment
in technological progress Tags: mobile phone usage


12 Jan 2015 Leave a comment
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