Two articles today show how the Internet economy tends to be like the overall economy but much, much faster. Innovation is faster, the rise of new companies is faster, and maturing and death of those firms is likewise faster than in the industrial and service sectors that preceded it and remain in place beside it.
Author: S.T. Karnick
Hillary Clinton’s memoir, Hard Choices, has failed the one test even the Obama White House cannot rig (or simply chose not to do): book sales numbers. Although the legacy media have commonly characterized sales of her book as lukewarm so far, the numbers are significantly worse than that, considering her name-recognition and public prominence.
Retail stores are opening even earlier than usual for their annual Black Friday sales this year, in an intensifying competition for scarce consumer dollars. Big retailers such as Target, Kohl’s, Macy’s, Best Buy, Sears, and Toys R Us will open Thursday night and feature “doorbuster” bargains to lure tryptophan-laden customers into their emporia (if they can fit through the doors).
Here’s a very revealing item for those interested in understanding the progressive worldview: the Internal Revenue Service has been accused, in addition to its many malfeasances already revealed, of asking[...]
Sen. John McCain wants to “let” cable and satellite TV customers buy their pay channels on an a la carte basis. That is certainly an option many customers would like to have, but McCain’s bad idea is to use the heavy hand of government to make it happen.
Sean Gabb of the Libertarian Alliance in the UK has produced an excellent essay dismantling the British government’s announced plans to cap the interest rates on personal loans. “Loan sharking” strikes[...]
Today marks the 100th anniversary of the birth of Nobel Prize-winning economist Milton Friedman, who played an indispensable role in making the case for market freedom and individual liberty in[...]
[First posted at The American Culture.] Thursday’s U.S. Supreme Court decision on the Affordable Care Act vividly highlights a basic cultural division in the contemporary United States. One might well call it[...]
Statement from Governor Daniels regarding Speaker Boehner’s debt proposal “I hope the Indiana Congressional Delegation will support Speaker Boehner’s proposal. The terrifying, nation-threatening debt levels caused by past and present[...]
Progressives tweet their wishes for assassination of Wisconsin Governor Scott Walker, a Republican: Heartland Institute Director of Research S. T. Karnick also edits The American Culture, where this article first[...]
Last night’s episode of the CBS mystery The Mentalist, “Red Alert,” included some of the most explicitly pro-liberty, anti-government scenes you could ever hope to see. Rushing to a murder scene[...]
Given that politics both manifests and affects the culture, it’s appropriate to consider the possible cultural meaning of Tuesday’s elections. Voters replaced the party in power in the House by[...]