Stephen Kinsella on Economics

Why can’t we have an entrepreneurial state for domestic Irish companies? We’re not a poor country any more. We can do a lot of the innovating ourselves, as the four smart chaps in Intercom show us is possible.

You can’t run forever on a single big idea. You have to change. Companies have big ideas that get eroded away by time and competition. Consider the operating system. When PCs and Macs fought for dominance of the software playing pitch, the OS was the biggest battleground.

You won the OS, your hardware got bought, and the software that ran on that OS got bought too. You became a monopoly. Windows made Microsoft ...