There was a great article in yesterdays New York Times on the impact of social media on this season’s political campaign. The poster child (almost literally) is Chris Hughes, the 24 year old wunderkind who is one of the founders of Facebook and the mastermind behind Obama’s internet campaign. Regardless of your political views, it […]

In a recent letter to the House Judiciary Committee, the U.S. Department of Justice has made a concise case against the ill-named H.R. 5546 Credit Card Fair Fee Act that would let millions of merchants form a cartel to help them negotiate card fees down.
-First, passing the bill would harm consumers. If merchants force […]

Lee Gomes manages to pan bloggers, the “tech elite”, Wired and Chris Anderson for all the hype and hoopla around The Long-Tail—the theory laid out in Anderson’s 2006 book of that name that explained “Why the Future of Business Is Selling Less of More.” My favorite line was “The Long Tail seems […]

So Google’s a Zen Master in addition to not being evil according to a column by the NYTimes Steve Lohr today . Here’s Lohr’s thesis - Microsoft was the master practitioner of network effects. It realized that more users led to more applications which led to more users and that users and […]