The reports of the existence of the “last” Blockbuster store in Bend, Oregon, is treated as though here is something that is completely quaint and old-timey: “Yes, son, way back when we used to go to a store and rent movies on discs. And sometimes we actually bought them!” And on the subject of buying … Continue reading The Importance of Artifact
Back in 1558, Sir Thomas Gresham, who was the financial agent for Queen Elizabeth I, articulated what was to become known as “Gresham’s law.” The law has it that “bad money drives out good.” He was talking about physical currency. One way to think about this is to take a quarter out of your pocket … Continue reading Listening to Gresham’s Law
I think I’m finally going to stop buying new CDs.