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Tag Archives | Economy


How Do the Yellow Pages Still Make Money?

By: Disruption can move fast. When Chris Silver Smith joined one of the largest publishers of yellow pages in 1997, he became part of an extremely profitable enterprise. While newspapers and television stations create expensive content like articles and sitcoms—and pay the bills by placing ads next to articles and playing them during commercial […]

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Drunk History: The Rise, Fall, and Revival of All-American Whiskey

By: At a time when obscure new whiskeys are appearing on cocktail menus from Savannah to Seattle, it’s hard to imagine the American whiskey industry was ever under threat. For starters, the grain-based spirit is as American as apple pie, or at least George Washington—in fact, the first president’s Mount Vernon estate was once […]

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Is Media Consumption Zero Sum?

By: I’ve seen the point made across a variety of articles that media companies see media consumption as being zero sum – there’s only a fixed amount of consumption that people have and they’re allocating it between a variety of options. The typical example is people abandoning legacy television for YouTube. Thus, the rationale […]

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Satellite Internet Gets a Fresh Look, Cash Infusion

By: The race for Internet service from space is on, again. After a series of failed satellite Internet projects over the past two decades, fresh investment is coming into the sector, and at least three high-profile projects are moving forward. OneWeb, a London-based consortium backed by tycoon Richard Branson, announced in June it had […]

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The Secret Developers of the Video Game Industry

By: In July 2015, developer Comcept launched a Kickstarter campaign for its game Red Ash. It didn’t go well. Despite raising over $500,000 in pledges, the campaign missed its target and critics pummeled its approach — pointing to Comcept launching the campaign before seeing through a previous one, announcing a console port without identifying […]

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The Rise and Fall of the Plane “Anyone Could Fly”

By: In October 1945, the future of travel sat in a glistening showroom in a Manhattan Macy’s. Alongside the department store staples of household appliances, gentlemen’s socks and ladies’ girdles was a small, all-metal, two-seater airplane. This was the Ercoupe, “the airplane that anyone could fly.” Built by the Engineering and Researching Corporation (ERCO), […]

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Naked Cities

By: Cities can’t win. When they do well, people resent them as citadels of inequality; when they do badly, they are cesspools of hopelessness. In the seventies and eighties, the seemingly permanent urban crisis became the verdict that American civilization had passed on itself. Forty years later, cities mostly thrive, crime has been in […]

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Entrepreneurs Transform a WWII Bomb Shelter into World’s First Underground Farm

By: It’s probably the last place you would think of for growing food, but about 100 feet below London, the one-year old startup Growing Underground is producing what it calls “sustainable and mouth-wateringly fresh micro greens and salad.” It’s the world’s first subterranean farm. The site, a bomb shelter during World War II, was […]

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Colt, on the Brink of Disaster, Awarded M4 & M4A1 Contract. Kinda.

By: Colt has been teetering on the brink of disaster. They recently filed for bankruptcy, and they have been frantically trying to cut their losses while preserving their executives’ golden parachutes. Colt had been relying on military contracts to carry their balance sheet after ignoring the civilian market for decades, but when FN Manufacturing […]

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A User’s Manual

By: IN 2003 Peter Morley-Souter, a British teenager whose hobby was drawing comic strips with his sister Rose, was sent a parody of “Calvin and Hobbes”, a strip about a six-year-old boy and his stuffed tiger, by a friend. It showed the titular pair having sex with Calvin’s mother. Mr Morley-Souter posted his response […]

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Death and Transfiguration

By: Edward Gibon, the great English historian, begins his “Decline and Fall” with a glowing portrait of the Roman Empire in the age of Augustus. The Empire “comprehended the fairest part of the earth”. Rome’s enemies were kept at bay by “ancient renown and disciplined valour”. Citizens “enjoyed and abused the advantages of wealth […]

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“The Dreamliner Is Your dream. We Want to Build Our Own Airplanes.”

By: A good example of nationalist company executives from China marching to the same drum and lifting up their country. U.S. executive can’t move fast enough to move jobs and profits offshore. Seattle | China Eastern Airlines wants to build more of its own airplanes, a company executive announced this week. Liu Shaoyong, […]

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TV vs. the Internet: Who Will Win?

By: Between 1999 and 2009, annual revenues in the music industry declined from $14.6 billion to $6.3 billion, according to the market analysis firm Forrester Research. The music business was first attacked from below by illegal file sharing on Napster and subsequently from above by Apple’s iTunes, which unbundled fourteen-dollar CDs into ninety-nine-cent songs. […]

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Alternative Realities: 7 Radical Buildings That Could-Have-Been

By: In It’s A Wonderful Life the film’s protagonist George Bailey, facing a crisis of faith, is visited by his guardian angel, and shown an alternate reality where he doesn’t exist. The experience gives meaning to George’s life, showing him his own importance to others. With the increasing scale of design competitions these days, […]

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The Surprising Geography of American Left-Handedness

By: A pre-K teacher in Oklahoma is making news this week after forcing a left-handed 4-year-old boy to write with his right hand. The boy was sent home from school with an article discussing left- and right-handedness. The article mentions historic attitudes toward left-handedness that associate it with evil and the devil. It’s written […]

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See 150 Years of Los Angeles Housing in the Blink of an Eye

By: The city of Los Angeles both is and isn’t what many people think it is. Beverly Hills? It’s not Los Angeles, which is a separate municipality. That beach where you see people rollerblading in every movie set in L.A.? That’s Santa Monica—not Los Angeles. Hollywood is part of the city of Los Angeles, […]

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This Is the First 3D-Printed Hotel Suite in The World: Yes, It Has a 3D-Printed Jacuzzi

By: Forget 3D-printed food and 3D-printed cars. A hotel owner in the Philippines is 3D-printing an entire hotel suite, and unlike other 3D-printed buildings done before, this one will be completely and entirely operational, which means, if you’re thinking of vacationing in the country soon, you’ll be able to book a night at the […]

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California Judge Slaps Down Uber Bid to Force Arbitration on Driver

By: A former Uber Technologies Inc. driver defeated the company’s bid to force her into arbitration, a second victory after California’s labor commissioner said she should have been considered an employee. A San Francisco state judge sided with the driver Monday, finding the app-based ride service’s arbitration clause is unenforceable. The decision echoed a […]

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