Economics

Has Apple Finished Disrupting Markets?

To think that Apple won’t use its experience to disrupt other markets is short sighted. It might take time, but Apple is more than capable of continuing to innovate and drive markets in new directions.

How Facebook Got Its Groove Back

Five months after going public in one of the most controversial IPOs in U.S. history, social networking titan Facebook finally delivered some good news on Tuesday, reporting earnings results that impressed Wall Street.

“Rent-Seeking”

Rent-seeking is a phrase increasingly in vogue by folks without real jobs. Wikipedia defines it as “an attempt to obtain economic rent by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.” Synonym: the U.S. defense industry and its allies, c. 2012.

Thomas …

Leon Panetta, Doomsday Cabin Salesman

This ad appeared on page 15 of Sunday’s New York Times. In stark terms, using a recent comment by Defense Secretary Leon Panetta, it warns of impending cataclysm. It urges New York City readers to prepare for doom…by buying a cabin in the Catskills, “located less than two hours from New York City.”

The website linked to the ad …

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