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…

Creative Destruction: Chain Store Wars

Visiting an Amazon distribution center in Chattanooga, Tennessee on Tuesday, President Obama was told by independent booksellers, “We are disheartened to see Amazon touted as a ‘jobs creat…

Happy Birthday Texting!

Sometimes, you never know… At first, it was just a “Merry Christmas” message sent from a computer terminal to a cell phone. The year was 1992, the firm was Vodafone, and the goal was…

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