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A few gems from George Gilder’s 1990 masterpiece Microcosm: the Quantum Revolution in Economics & Technology as I work my way through the book: Predatory Pricing. Gilder details how early microchip manufacturers created wholly new markets put Say’s law into action: supply creating its own demand.  Not only did these companies introduce new technologies, but they [...]

Entrepreneurs rock! You wouldn’t guess it, though, to listen to rock music. (Marc Knopfler’s, Boom, Like That, says something about the founding and rise of McDonald’s, granted, but it hardly casts the enterprise in a very flattering light.) So in honor of entrepreneurs everywhere—but especially those in the board sports industries, whom I thank for [...]