Monthly Archives: November 2010

Government’s Light Bulb Ban is Just Plain Destructive

Most consumers have never heard of “creative destruction.” But they still benefit from it—at least, they do when it isn’t forced on them. Popularized by Austrian economist Joseph Schumpeter, creative destruction is an economic theory that says the short-and long-term benefits of entrepreneurial activity and competition far outweigh the short-term […] Read the original post […]

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This Was Not a Bright Idea

Most consumers have never heard of “creative destruction.” But they still benefit from it – at least, they do when it isn’t forced on them. Read the original post by miscellaneous

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