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
The International diffusion of the Internet
17 May 2015 Leave a comment
in development economics, economic history, entrepreneurship, growth disasters, growth miracles, industrial organisation, survivor principle Tags: China, creative destruction, international technology diffusion, technology diffusion
The robots are coming, the robots are coming to property values
16 May 2015 Leave a comment
in applied price theory, economics of media and culture, entrepreneurship, industrial organisation, survivor principle, technological progress, transport economics, urban economics Tags: agglomeration, compensating differentials, creative destruction, driverless cars, drones, entrepreneurial alertness, land prices, land supply
A few years ago, Casey Mulligan wrote a fascinating little op-ed about the impact of drones on land prices and urban living.
As drones and driverless cars make it cheaper to move people around cities, the value of inner-city land will fall simply because their proximity to the action has diminished.
With drones and driverless cars, it will be easier to bring something in on the just-in-time basis rather than have it on hand as inventory or within walking distance because traffic congestion makes it too slow to call it up from the suburbs through the conventional commercial transport.
But we live in a world of trade-offs. More people may want to move into the city because it’s so much easier to move around and call things up by drone, driverless car and the share economy, so this may intensify agglomeration effects and increased land prices. Another big day out for the two handed economist.
Creative destruction in recorded music sales
16 May 2015 1 Comment
in entrepreneurship, industrial organisation, Music, survivor principle Tags: creative destruction, entrepreneurial alertness
CHART: Recorded Music Sales Have Collapsed and Were At a 40+ Year Low in 2013 http://t.co/p0zIdbutSx—
Mark J. Perry (@Mark_J_Perry) May 07, 2015
Creative destruction and the Internet
15 May 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship Tags: creative destruction, entrepreneurial alertness, Internet, technology diffusion
Digital News readers are cheapies
14 May 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, digital media, entrepreneurial alertness, legacy media, newspapers
I just fired Google Chrome
14 May 2015 Leave a comment
in administration Tags: creative destruction, Google Chrome
For several weeks now Google Chrome would on a regular basis not open tabs. Furthermore, this bug stopped my emails from downloading or uploading. It also stopped my other browsers from working as well.
This bug occurred several times a day and required me to clear the cache, restart the computer, and login again to Facebook and Twitter. This fix only worked for maybe 12 hours.
All the online solutions were workarounds that lasted a few hours or so. The Google product forum was just plain hopeless. This bug has been around since 2012 so there is no excuse for it not been fixed. You’re fired.
Utopia, you are standing in it! 
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