How much do all the components in an iPhone 6S cost Apple? And how does that compare to the price you pay? http://t.co/gbqJIXBov4—
paulkirby (@paul1kirby) September 28, 2015
How much does it cost to produce an Apple iPhone S6?
30 Sep 2015 1 Comment
in applied price theory, economics of media and culture, entrepreneurship Tags: creative destruction, Iphone, smart phones
Creative destruction in start-ups
29 Sep 2015 Leave a comment
in economic history, economics, industrial organisation, survivor principle Tags: business demographics, creative destruction, entrepreneurial alertness, start-ups
More than half of start-ups fail within the first five years. Read more bit.ly/1DtN24o http://t.co/D4VMffLYIF—
OECD Statistics (@OECD_Stat) September 27, 2015
The financial performance of TVNZ since 2007
28 Sep 2015 Leave a comment
in economic history, economics of media and culture, industrial organisation, politics - New Zealand Tags: creative destruction, expressive voting, legacy media, privatisation, state owned enterprises
The volatile returns to taxpayers from Television New Zealand shows that continuing to own a state-owned enterprise operating a legacy media adds considerable risk to the taxpayers’ portfolio.
Source: The New Zealand Treasury – data released under the Official Information Act.
Source: The New Zealand Treasury – data released under the Official Information Act.
Source: The New Zealand Treasury – data released under the Official Information Act.
Drug Price Controls End Up Costing Patients Their Lives
24 Sep 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, entrepreneurship, health economics, industrial organisation, law and economics, politics - USA, property rights, survivor principle Tags: creative destruction, endogenous growth theory, innovation, intellectual property rights, patents and copyrights, pharmaceutical innovation, price controls
Our research shows that when prices fall, innovation falls even more. Patients would see their lives cut short by delayed or absent drugs.
Source: Drug Price Controls End Up Costing Patients Their Health – NYTimes.com
…cutting prices by 40 to 50 percent in the United States will lead to between 30 and 60 percent fewer R and D projects being undertaken in the early stage of developing a new drug. Relatively modest price changes, such as 5 or 10 percent, are estimated to have relatively little impact on the incentives for product development – perhaps a negative 5 percent.
Source: The Effect of Price Controls on Pharmaceutical Research
Is this evidence of the great stagnation?
24 Sep 2015 Leave a comment
in applied price theory, economic history, entrepreneurship, industrial organisation, survivor principle, technological progress Tags: creative destruction, great stagnation, The Great Enrichment
Are today's young Americans the luckiest generation in history? ow.ly/R425e @Mark_J_Perry @AEIdeas http://t.co/8lHZNkq1Ak—
AEI on Campus (@AEIonCampus) August 18, 2015
Mises on entrepreneurs and consumer sovereignty
21 Sep 2015 Leave a comment
in applied price theory, Austrian economics, economic history, industrial organisation, Ludwig von Mises, survivor principle Tags: competition and monopoly, consumer sovereignty, creative destruction, entrepreneurial alertness, market selection, The meaning of competition
The iPhone cycle
20 Sep 2015 Leave a comment
in industrial organisation, survivor principle Tags: cell phones, creative destruction, smart phones
The #iPhone cycle – when do people upgrade their phones?
statista.com/chart/3784/iph… http://t.co/zbkhEx2jmT—
Statista (@StatistaCharts) September 10, 2015
Creative destruction in computing power
19 Sep 2015 Leave a comment
in entrepreneurship, industrial organisation, survivor principle, technological progress Tags: creative destruction, Moore's law
One dollar buys you increasingly more computing power – vastly more computing power!
from: bit.ly/1AGa3NP http://t.co/vrNf5TOyKI—
Max Roser (@MaxCRoser) June 26, 2015
I am still not using that piece of junk #windows10
19 Sep 2015 Leave a comment
in administration, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, entrepreneurial alertness, Microsoft, Windows
After a solid launch, 75 million devices are already running #Windows10
statista.com/chart/3772/ope… http://t.co/ORemyeOGNz—
Statista (@StatistaCharts) September 04, 2015
Creative destruction in psychic powers
17 Sep 2015 Leave a comment
in applied price theory, economic history, industrial organisation, survivor principle Tags: conjecture refutation, copyright, cranks, creative destruction, intellectual property rights, quackery, superstitions
Creative destruction in laptops
13 Sep 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship Tags: creative destruction, laptops
The difference that 25 years makes. http://t.co/amfutCoLT0—
Lost In History (@SadHappyAmazing) September 11, 2015
Creative destruction in pizzas
12 Sep 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship Tags: creative destruction
Pizza night? Enjoy this first. A @nytimes 1944 explanation of pizza to an unsuspecting America http://t.co/Q5vhCLaQT6—
paulkirby (@paul1kirby) September 11, 2015
The first mobile phone went on sale 30 years ago for…
11 Sep 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, technological progress Tags: cell phones, creative destruction, living standards
Creative destruction in stereos
11 Sep 2015 Leave a comment
in economic history, economics of media and culture Tags: creative destruction
https://www.facebook.com/WPROFM/photos/a.74075314092.75711.8607539092/10153286483244093/?type=1
HT: Julian Weeks
Creative destruction in desktops
09 Sep 2015 Leave a comment
in economic history, entrepreneurship, politics - USA, technological progress Tags: creative destruction, PCs
GRAPHIC: Why your middle-class salary is better than you might think
washingtonpost.com/blogs/wonkblog… http://t.co/vvRCo0PNel—
Mark J. Perry (@Mark_J_Perry) June 15, 2015
Utopia, you are standing in it! 
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