develop a point of view, read the foundational texts

Every discipline and domain has foundational texts. These texts are oft cited and under read. They represent the dominant philosophy of the domain. For example in business: Innovator's Dilemma, Crossing the Chasm, and Strategy books by Michael Porter. Everyone cites their superficial perspectives. To be an expert in your domain you have to read the [...]

Game Theory: How a CES Announcement Provided PS3 Another Year of Profits

Way back in the 20th century, 1994 to be exact, a price war was raging between the Daily News and the New York Post for the price of New York’s Daily Tabloid Newspaper. The lessons of this exercise in game theory provides insight into the ongoing console wars between Microsoft, Sony, and Nintendo. In addition, [...]

A closer look at the Freakonimics pay for grades study

A few weekends ago, I watched the movie version of Freakonomics (available on Netflix instant streaming here). Except for the film’s final section, “Freakonomics: The Movie” covers exactly the same topics as the first book in a more digestible format.The final section covers a test conducted at a Chicago Heights High School, exploring the question: [...]