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"There's a lesson here, I think, for book publishers. Readers today are forced to choose between buying a physical book or an ebook, but a lot of them would really like to have both on hand - so they'd be able, for instance, to curl up with the print edition while at home (and keep it on their shelves) but also be able to load the ebook onto their e-reader when they go on a trip. In fact, bundling a free electronic copy with a physical product would have a much bigger impact in the book business than in the music business. After all, in order to play vinyl you have to buy a turntable, and most people aren't going to do that. So vinyl may be a bright spot for record companies, but it's not likely to become an enormous bright spot. The only technology you need to read a print book is the eyes you were born with, and print continues, for the moment, to be the leading format for books. If you start giving away downloads with print copies, you shake things up in a pretty big way."
"DARPA is seeking ideas for an organization, business model and approach appropriate for a self-sustaining investment vehicle in support of the 100 Year Starship Study. The 100 Year Starship Study is a project seeded by DARPA to develop a viable and sustainable model for persistent, long-term, private-sector investment into the myriad of disciplines needed to make long-distance space travel practicable and feasible. "
"What do people want from Sheen? I’m not denying he has drug and alcohol problems—or even that he might struggle with mental illness. But so do a lot of people in Hollywood who hide it much better—or who the celebrity press just doesn’t care enough about. What fascinates us is the hedonism he enjoys and that remains the envy of every man—if only women weren’t around to keep them liars. (His supposed propensity for violence against women hasn’t hurt his popularity with female fans either.) Do we really want manners? Civility? Empire courtesy? Hell, no. We want reality, no matter how crazy. And this is what drives the Empire to distraction: Sheen doesn’t care what you think of him anymore, and he scoffs at the idea of PR. “Hey, suits, I don’t give a shit.” That’s his only commandment. Sheen blows open the myth that if men try hard enough, they will outgrow the adolescent pursuit of pleasure and a life without rules or responsibilities."
"The most fascinating part of the Black story is that she’s actually famous now, which was exactly the reason her parents gave $2,000 to ARK Music Factory in the first place. From Black herself on her unlikely fame, “I think that’s an accomplishment you know, even a person who doesn’t like it, it’s going to be stuck in their head. So that’s the point of it, it’s a catchy song.” Exactly.
Get used to this kind of stuff. As society advances technologically, culture becomes a parody of itself, and we enjoy the parody, intentional or not, more than anything sincere. But what becomes of the Antoine Dobsons and the Rebecca Blacks, our Internet culture folk heroes?"
"In short, what ails the U.S. economy is primarily a structural problem, not a cyclical one that can be effectively dealt with through the magic of short-term Keynesian stimulus. Unless we find a way to dramatically increase the size and scope of the tradable sector, Spence says, we're in for an extended period of slow job growth and rising inequality. And make no mistake: at the heart of this problem is globalization."
"This is an overview of economic phenomena that are important for high-technology industries. Topics covered include personalization of products and prices, versioning, bundling, switching costs, lock-in, economies of scale, network effects, standards, and systems effects." by Hal Varian
Kevin Drum argues that the problem with banking is the size of the whole industry, not just the size of individual firms.
in list: Economic Crisis
Link to article about growth in analytics industry.
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