Monday, October 04, 2010

The King is dead! Long live the King!

One sentence in a trade rag that illustrates the dynamism of our economy in sectors largely free from government meddling:

 In other industry news, Blockbuster declared bankruptcy, capping its long demise, and rumors of Hulu's plans to go public surfaced. 

Of course in places where the state 'leads' irrational insanity persists for decades.  Look at Libraries or Schools or the Post Office if you want to see technologies and processes frozen in amber.  Trillions of dollars of amber.

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