Tom Spencer
JULY 25, 2021
In order to develop a more coherent world view that can reliably inform individual, business and government decision making, we must be willing to question some of the basic ideas that are foundational to mainstream economic thinking. High monopoly prices also make it attractive for entrepreneurs to develop substitutes.
MishTalk
JULY 11, 2014
Historical evidence shows that this rarely happens following a balance sheet recession. In addition, official statistics may underestimate intangible investment (spending on research and development, training, etc), which has been gaining importance in serviced-based economies. Financial cycles differ from business cycles.
MishTalk
FEBRUARY 22, 2015
The modern browser wars began in earnest in 2004, when Mozilla Firefox challenged Internet Explorer''s complete and utter market dominance, successfully growing from zero to several hundred million users in less than five years. The trouble is, that policy doesn''t take effect until January 2016. It hasn''t been a great year for Mozilla.
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