Creative Destruction: Solar Wars

Can we compare the original AT&T and the electric power industry? Until 1982, AT&T had a phone system monopoly. Not even imagined, cell phones did not exist. Instead almost everyone received p…

iPhone 5 Economics

Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed…

Getting More Power

After Hurricane Irene last August, I lost my electricity for 8 days. Then, only weeks later, after a surprise snow storm, all over again, 8 days without power.  Facing a similar plight last week, econ…

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