Market Process

This Confused Conspiracy Theory Gets the Agrarians All Wrong

Democracy in Chains by Nancy MacLean, which has become a surprising bestseller, purports to be a study and exposé of the “radical right’s stealth plan for America.” But to anyone who knows something about the subject she covers, the book serves an unintended function. It is a study in the wild paranoia and recklessness of a fanatic academic ideologue who can’t tell shiz from shoe polish.

This Museum Celebrates Market Failures (and Rightly So)

“80 to 90 percent of all innovation projects fail,” Museum of Failure curator Samuel West told the Huffington Post, also mentioning that often, consumers are never even exposed to these products before they are pulled from the market. This mystery of innovative failure is what makes this museum so fascinating because at the end of the day, without market duds, we wouldn’t have those truly great products that prove themselves to consumers time and again.