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Innovation

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...

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...

Multiple Choice: Expanding Opportunity Through Innovation in K–12 Education

Wednesday, September 3rd, 2014 | 12:00 p.m. – 1:30 p.m. A high-quality education can provide immense opportunities for children, but the education system in America today is simply not getting the job done. This was the theme of Wednesday’s discussion at AEI on...

These People Are Turning Waste into a Precious Resource

In the debate over economic systems, a fundamental question exists: Is economics a zero-sum game? Generally, proponents of socialism tend to say yes. There is a fixed pie of wealth, so we should make sure that it is split evenly. Proponents of capitalism disagree....