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Business

Bono Helped Kill an Industry (and Then Celebrated)

| September 18, 2014 | Economics, Faith

Bono Helped Kill an Industry (and Then Celebrated)
It was on the day of the largest album launch in history, when the biggest rock band on the planet may have surrendered the music industry to its grave, that U2 frontman Bono declared “music is a sacrament.”  The melodies that Plato said give “flight...
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Michael Hendrix
Michael Hendrix is the director of state and local policy at the Manhattan Institute, where he manages scholars, conducts research, and leads outreach.

How a Box of Cereal Changed an Industry

| September 9, 2014 | Economics

How a Box of Cereal Changed an Industry
Joe and Brian had an idea. It was a crazy idea, in fact. Sell 1000 boxes of cereal at $40 a pop. Not only were they planning to hawk something at over ten times its retail price, but this was 2008, just as America was sinking into one of the worst recessions in recent...
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Michael Hendrix
Michael Hendrix is the director of state and local policy at the Manhattan Institute, where he manages scholars, conducts research, and leads outreach.