Posts Tagged ‘innovation’

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    Random Technology Notes

    Jan 13, 11 • 98 Views • Economic History, Innovation, Macroeconomic MeasurementNo Comments

    In 1810, Nicholas Appert, a cook and bottler, inserted some food in a Champagne bottle, sealed it, and placed it in boiling water. Described by James Burke in Circles: Fifty Roundtrips Through History, Technology, Science, Culture, a French newspaper said...

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    Auto Innovation

    Jan 5, 11 • 115 Views • Economic Debates, Economic Thinkers, Government, Innovation, Macroeconomic MeasurementNo Comments

    Saying, “I believe the people who invented the auto cannot abandon it,” President Obama supported the bailout of General Motors. Economist Joseph Schumpeter would have been horrified. The man who explained “creative destruction,”...

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    Regulatory “Pay-Go”

    Dec 28, 10 • 149 Views • Behavioral Economics, Regulation, Thinking EconomicallyNo Comments

    Too much regulation? Senator Mark Warner’s proposed legislation is an interesting approach. Concerned that regulation is “stifling fresh investment and discouraging innovation,” Senator Mark Warner says the incentives have to change....

  • Like the 3 Bears, the Middle Class is Not too Rich Not too...

    Are You Middle Class?

    Dec 16, 10 • 98 Views • Behavioral Economics, Economic Debates, Government, Households, Macroeconomic MeasurementNo Comments

    What is the “middle class?” In a recent NPR interview, a painting contractor, an employee of Healthy Montana Kids, a man who runs a hi-tech robotic firm, and a hospice worker, all earning between $25,000 and $100,000 annually, said they were...

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    Walking Matters

    Dec 5, 10 • 100 Views • Behavioral Economics, Developing Economies, Environment, Innovation, Macroeconomic MeasurementNo Comments

    A podcast on cities from WNYC’s Radiolab cited walking speed as a part of a city’s personality. To walk 60 feet, people averaged 10.55 seconds in Singapore,  12.37 seconds in Paris, 21 seconds in Buchanan, Liberia, and 31.60 seconds in...