Posts Tagged ‘innovation’

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    Geography Matters

    Apr 15, 11 • 216 Views • No Comments

    According to Harvard economist Ed Glaeser, big US cities deserve our attention. Rather like a ripple, first, as ports, they attracted commerce. Commerce led to more affluence. The affluence brought more people. The people wanted better education. Better...  [read more]

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    Restaurant Economics

    Apr 10, 11 • 227 Views • No Comments

    For a new restaurant in Chicago, Next, no one is sitting at the phone taking reservations. Instead, online, you can buy a ticket for a table seating 2 or 4 (not 3 or 5). According to Chicago Magazine, the tickets are nonrefundable, include the tip and tax,...  [read more]

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    Innovative Challenges

    Feb 25, 11 • 206 Views • No Comments

    Is it likely that, with each new discovery, innovation gets tougher? It might have been easier to identify an asteroid a century ago because the undiscovered ones were very big. It might have been simpler to find a new human organ; the last one, the...  [read more]

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    Random Technology Notes

    Jan 13, 11 • 206 Views • No 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...  [read more]

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    Auto Innovation

    Jan 5, 11 • 214 Views • No 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,”...  [read more]