Economy

  • Attention, shoppers! The store is NOT closing in 15 minutes!

    It is 1982. The Home Shopping Club – later Home Shopping Network – pops up on cable TV across the U.S. A shudder runs down the spines of America’s retailers. It is 1995. Two new internet companies, Amazon and eBay, introduce e-commerce to a broad swath of consumers. This is bound to sink in-person sales. […]

  • Breaking up big tech

    Hard to believe, but it’s been almost 40 years since a major antitrust action succeeded in U.S. courts. American Telephone & Telegraph had been considered a “natural” monopoly. A straight line could be drawn from inventor Alexander Graham Bell’s American Bell Telephone Co. of the 1880s to the behemoth AT&T had become by the mid-20th […]