Who wins from the perennial gale of creative destruction
04 Aug 2014 Leave a comment
in technological progress Tags: creative destruction, Schumpeter, technology diffusion, The Great Enrichment, the withering away of the proletariat
- In 1900, <10% of families owned a stove, or had access to electricity or phones
- In 1915, <10% of families owned a car
- In 1930, <10% of families owned a refrigerator or clothes washer
- In 1945, <10% of families owned a clothes dryer or air-conditioning
- In 1960, <10% of families owned a dishwasher or colour TV
- In 1975, <10% of families owned a microwave
- In 1990, <10% of families had a cell phone or access to the Internet
HT: The Atlantic
The perennial gale of creative destruction at work: those all-powerful television networks
14 Jul 2014 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, media bias, Schumpeter, television networks
Do enough businesses survive long enough for the inherent inequality of bargaining power between the bosses and the workers to emerge?
04 Jul 2014 Leave a comment
The quickening in creative destruction and CEO turnover
03 Jul 2014 Leave a comment
in financial economics, labour economics, managerial economics, market efficiency Tags: CEO turnover, creative destruction
Corporate life spans| Uneasy Money
20 Jun 2014 Leave a comment
Utopia, you are standing in it! 
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