Changing shares of car production since 1950
(source bit.ly/1hn1l0Y) http://t.co/VPhianlBBX—
Max Roser (@MaxCRoser) August 07, 2015
Creative destruction in car manufacturing
14 Aug 2015 Leave a comment
in development economics, economic history, entrepreneurship, growth miracles, industrial organisation, international economics, survivor principle Tags: automotive industry, car industry, comparative advantage, creative destruction, entrepreneurial alertness, manufacturing industry, market selection, The meaning of competition
Creative destruction in news
14 Aug 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, legacy media, media bias
The fracking revolution
14 Aug 2015 Leave a comment
in economic history, energy economics, politics - USA Tags: creative destruction, fracking
Apparently, some people still buy CDs
13 Aug 2015 Leave a comment
in economic history, economics of media and culture, industrial organisation, survivor principle Tags: CDs, creative destruction, legacy media
In the last 40 years, there have been huge shifts in how Americans spend money on music
redef.com/original/less-… http://t.co/jumI47aYAn—
Conrad Hackett (@conradhackett) August 05, 2015
Creative destruction in taxi rent capitalisation
13 Aug 2015 Leave a comment
in economics of regulation, entrepreneurship, industrial organisation, Public Choice, rentseeking, survivor principle Tags: creative destruction, Uber
Creative destruction in family spending in the USA
12 Aug 2015 Leave a comment
in applied welfare economics, economic history, politics - USA Tags: creative destruction, living standards
https://twitter.com/VisualEcon/status/508957190129188864/photo/1
Family spending across a different income groups bit.ly/195NbKb http://t.co/mSbc0DRICY—
Catherine Mulbrandon (@VisualEcon) September 01, 2014
Cost control at Google in two charts
12 Aug 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: competition as a discovery procedure, creative destruction, economics of advertising, entrepreneurial alertness, Google, innovation, legacy media, market selection, The meaning of competition
Google's core business explained in two charts buff.ly/1UBysMC http://t.co/V6uRrPVKMk—
Business Insider (@businessinsider) August 12, 2015
12 Aug 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, financial economics, industrial organisation, survivor principle Tags: creative destruction, entreprenurial alertness, Google
Creative destruction in cell phones
12 Aug 2015 Leave a comment
in economic history, technological progress Tags: cell phones, creative destruction, smart phones
30 Years Of Cell Phones http://t.co/dmCB77ThXa—
History In Pictures (@HistoryInPix) August 05, 2015
Israel outdoes Canada in venture capitalism
10 Aug 2015 Leave a comment
in entrepreneurship, financial economics, industrial organisation, managerial economics, organisational economics, survivor principle Tags: creative destruction, Israel, venture capital
The taxes paid by the rich, middle-class and the poorer in the USA
09 Aug 2015 Leave a comment
in politics - USA, public economics Tags: creative destruction, entrepreneurial alertness, envy, taxation and entrepreneurship, taxation and investment, taxation and the labour supply, top 1%
Average Income Before & After Federal Taxes from "An Illustrated Guide to Income" bit.ly/1j9ymXF #inequality http://t.co/eabwDATSlU—
Catherine Mulbrandon (@VisualEcon) April 28, 2014
The Great Enrichment by household type in the 20th century
09 Aug 2015 2 Comments
in applied welfare economics, economic history Tags: creative destruction, entrepreneurial alertness, living standards, The Great Enrichment
https://twitter.com/VisualEcon/status/501347052878823425/photo/1
Share of Income Before & After Federal Taxes "An Illustrated Guide to Income" bit.ly/1tfXrse #inequality http://t.co/DnkSWZ6Yov—
Catherine Mulbrandon (@VisualEcon) April 24, 2014
Adam Smith on entrepreneurial alertness
08 Aug 2015 Leave a comment
in Adam Smith, applied price theory, comparative institutional analysis, economic history, economics of regulation, entrepreneurship, industrial organisation Tags: creative destruction, entrepreneurial alertness, offsetting behaviour, The meaning of competition
What watch a movie 2-D when you can watch it in 3-D?
08 Aug 2015 Leave a comment
in economics of media and culture, industrial organisation, survivor principle Tags: 10-90 lag, consumer sovereignty, creative destruction, entrepreneurial alertness, Hollywood economics, technology diffusion
We were watching some movie trailers last week-end. One of the 3-D movies also mentioned that it was available in 2-D.

I am surprised that there is still a market for movies in 2-D when people have the option for a tiny sum of money to watch it in 3-D. Of course, this market survives therefore it must be efficient and somebody must like watching 2-D movies over the 3-D movie option.

Is also the case that there is considerable difference in the quality of 3-D movies. There must be trade secrets. For example, Peter Jackson’s films in 3-D are excellent. Some 3-D movies sometimes look like they are in 2-D all to frequently. I saw one trailer for a 3-D movie that looked like it was just 2-D with beer goggles on.

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