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The four most interesting projects in the last five years are Tesla, SpaceX, Google Driving, and Google Goggles. That is one individual, Elon Musk, and one company, Google, doing all four things that are truly Silicon Valley-class disruptive.

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What happened to the newspaper and magazine business is about to happen to higher education: a rescrambling around the Web.

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The nondrinkers, at least over the last century or so, were terrible presidents … Would guests be more inclined to listen while he droned on about the European debt crisis, knowing that the presidential liquor cabinet held hope of a promising end to the evening?

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Capitalism is about the accumulation of capital, whereas the world of perfect competition is one in which you can’t make any money.