Our story starts with one of the transistor’s inventors. According to a Wired article, William Shockley is the reason that Silicon Valley grows chips instead of apricots. Although Shockley Semiconductor failed, its employees created a local diaspora of techies. Similar…
Because startups tend to be small, do not focus on innovation nor growth, they are a less accurate measure of entrepreneurship than self-made billionaires.
It’s almost like 1-click and the barcode had a child. 1-click diminished the friction of an online purchase. Described in The Everything Store, it let Jeff Bezos increase revenue by making the purchase process easier. And, once Bezos got his…
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
