Breweries in the US http://t.co/rcYlpmJspa—
Charts and Maps (@ChartsandMaps) April 11, 2015
The rising gales of creative destruction in brewing
09 Jun 2015 Leave a comment
in economic history, economics of regulation, entrepreneurship, health economics, industrial organisation, survivor principle Tags: alcohol regulation, beer brewing, creative destruction, entrepreneurial alertness, innovation
Rise of private R&D and the fall of public R&D
06 Jun 2015 Leave a comment
in applied price theory, economic history, entrepreneurship, industrial organisation, politics - USA, rentseeking, survivor principle, technological progress Tags: creative destruction, entrepreneurial alertness, private R&D, public R&D, R&D
Creative destruction in digital devices
01 Jun 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle, technological progress Tags: cell phones, creative destruction, entrepreneurial alertness, PCs, smart phones, The Great Enrichment
1993 vs 2013: http://t.co/tdnNqmRmcS—
History Pics (@HistoryPixs) January 08, 2014
How much of the top 0.1% are now working rich in the USA, 1916–2013, and Canada, 1946–2007
01 Jun 2015 Leave a comment
in economic history, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: Canada, CEO pay, creative destruction, entrepreneurial alertness, super-entrepreneurs, superstar wages, superstars, top 0.1%, top 1%, working rich
Piketty and Saez (2003) concluded that a substantial fraction of the rise in top incomes was due to surging top wage incomes. They concluded that top executives (the ‘working rich’) replaced top capital owners (the ‘rentiers’) at the top of the income hierarchy.
That conclusion still holds for both the USA and Canada. The largest portion of the top 0.1% in both countries have become those earning wages. The top 0.1% are top wage earners who work for their livings founding, building or directing businesses.
Figure 1: percentage of top 0.1% with wages, salaries, pensions or entrepreneurial incomes, USA, 1916 – 2013
Source: Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.
Figure 2: percentage of top 0.1% with incomes from interest, dividends and rents, USA, 1916 – 2013
Source: Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.
Figure 3: percentage of top 0.1% with wage salary and pension incomes, business incomes and professional incomes, Canada, 1946 – 2007
source : Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.
Figure 4: percentage of top 0.1% with dividend, interest or investment incomes, Canada, 1946 – 2007
Source: Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.
Creative destruction in television prices in New Zealand
01 Jun 2015 1 Comment
in economics of media and culture, entrepreneurship, politics - New Zealand, technological progress Tags: creative destruction, good old days
Creative destruction in content control
01 Jun 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: consumer sovereignty, creative destruction, entrepreneurial alertness, media bias
I might do most of these. Do you?
31 May 2015 2 Comments
in economics of media and culture, entrepreneurship, industrial organisation Tags: cell phones, creative destruction, entrepreneurial alertness, PCs, smart phones
Facebook started 10 years ago today
29 May 2015 Leave a comment
10 years ago today Facebook was founded by Mark Zuckerberg and his college friends http://t.co/IVFDFvu2VM—
History Pics (@HistoryPixs) February 04, 2014
The rise and rise of working billionaires
23 May 2015 Leave a comment
Creative destruction in supercomputers
22 May 2015 Leave a comment
in economic history, technological progress Tags: creative destruction, Moore's law
The iPad 2 would have been the world's fastest supercomputer in 1994. http://t.co/PcGGx7KAKp—
Weird History (@weird_hist) April 21, 2015
London’s first computer, the fastest in the world, May 1950
19 May 2015 Leave a comment
in economic history, technological progress Tags: creative destruction
London's first computer, the fastest in the world at 1MHz. May 1950. http://t.co/vVxBXIv1qF—
History Pics (@HistoryPixs) February 19, 2014
Some countries simply skipped having a landline
18 May 2015 Leave a comment
in development economics, economics of media and culture, growth disasters, growth miracles Tags: cellphones, creative destruction, technology diffusion
Maybe this is why Twitter is struggling a bit
17 May 2015 Leave a comment
in economics of media and culture, entrepreneurship Tags: creative destruction, entrepreneurial alertness, Facebook, market selection, The meaning of competition, Twitter
According to @Shareaholic, Facebook drives 20x as much traffic to websites as Twitter does statista.com/chart/2480/twi… http://t.co/c2TRVndt4K—
Statista (@StatistaCharts) July 22, 2014
More evidence of the rise and rise of the working rich, who build businesses
17 May 2015 1 Comment
in economic history, entrepreneurship Tags: CEOs, creative destruction, entrepreneurial alertness, superstar wages, superstars, top 1%
Er: more taxes on capital and wealth, anyone? (CBO latest). http://t.co/PT95Py3USu—
Richard V. Reeves (@RichardvReeves) November 17, 2014
Utopia, you are standing in it! 
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