In your bank account you have monetary capital. In Washington the big dogs have political capital. In Hollywood celebrities have fan capital. Capital is just about anything you can use to your advantage. Most often it’s money. But someone famous can leverage their fame to get things like free dinners or trips. If Lady Gaga [...]

There’s a new book called “Who Owns The Future?” and it apparently starts with an interesting observation. In 2012 Kodak filed for bankruptcy and basically started selling off any asset with value (they own a ton of patents). Shortly thereafter, Facebook bought the photo sharing site Instagram. Kodak is dying as Instagram is getting started. [...]

Over this past weekend I watched more NBA playoffs than I probably have in the last 15 years. That’s not saying much since about 15 minutes would do the trick. I found myself watching a game of absolutely no importance at all. The San Antonio Spurs beat the LA Lakers for the 4th straight time, [...]

Who creates jobs? We’ve been told it’s rich people, but for the most part they just help to fund companies. We know that large corporations create jobs, but they also kill them. Government has been killing jobs since the recession ended and likely will be for the next few years. The real creator of net [...]

The National Football League should go down in history as the purest monopoly ever. Nevermind De Beers, Standard Oil, or Boardwalk & Park Place. The NFL is in charge. Here’s why: In order to become a monopoly you have to take control of the market you’re in. The NFL did that in the late 60s [...]

JC Penney is a department store many of us are familiar with. Most people from my generation never shopped there but older people and some bargain shoppers sure did. They wanted to change that. In November of 2011 JCP hired away Ron Johnson from Apple. Johnson is responsible for the Apple stores you see today. [...]

You’d be forgiven for thinking the Democratic People’s Republic of Korea was South Korea. It’s the north. And if the confusing name is any indication, this is one messed up country. By most accounts, everything about North Korea seems to indicate they should have had a revolution 20 years ago, maybe 30. But North Korea [...]

The airline industry has been a mess since the 1980s. Deregulation lead to prices and business models that just didn’t end up being stable for the airlines. As a result, most every major airline has been through bankruptcy to try and reduce costs and get back to profitability. Over time, the airlines have started to [...]