Rethinking the Economy

Stumbling towards a new model for creating growth, opportunity, and justice

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Entries from March 2010

Stacking the Deck in Favor of the Big Guys? There’s an App for That

March 3rd, 2010 · Comments Off

Exhibit 42,517 of how deeply government is embedded in the “free market”: Apple just sicced its lawyers on HTC, an Android phone manufacturer, charging that it violated a gazillion Apple patents. Why HTC and not Google, which came up with Android?
[Harvard Law Prof. Jonathan Zittrain] believes Apple is simply going after a less [...]

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Tags: IT · Innovation

Instead of the Invisible Hand, the Visible Toes?

March 1st, 2010 · Comments Off

If Adam Smith’s “Invisible Hand” obscures how much the market is actively shaped by players, what’s a better metaphor?
How about the Visible Toes?
Visible — we actively shape the market…
Toes — but only somewhat. You can close — or nudge — a door with your toes. But drawing an accurate plan of a [...]

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Tags: Model