Wednesday, December 16, 2009

Creative Destruction

So...  I haven't been here as much as I thought I would.  School really made me drop the less important things, which unfortunately included this blog.  I could tell you about how I seriously considered quitting the program when I had 4 assignments and an exam all within a 10-day period.  That was taxing.  There were also some issues with the team and one of the assignments.  Our team coach had to come in and assist with an intervention.  At the time, I really wondered if it was worth all the hassle and if it was worth it to miss seeing my kids and husband.  I still wonder about it.  They say we have completed 25% of the program.  OK.  I can do this.

Anyway, I have an exam due on Saturday (take home) and I have been reflecting on its macro topic: Managerial Economics.  Within managerial economics, we studied microeconomics and macroeconomics and I have to write an essay on each one for the exam.  In our last class, we had team presentations on selected topics in macroeconomics.  One was on creative destruction, which was a theory proposed by Schumpeter (who must have been a brilliant guy because The Economist recently named a section of the journal after him).

In one of the many newsletters I get to stay on top of things, it was brought to my attention that Seth Godin has put together a free book.  Yep.  Free.  And it is good.  I see this as an example of creative destruction.  Seth put together a similar book a number of years ago, which had a ton of obstacles that had to be gotten through for "payment" to be made to the various charities of choice of the essayists.  It was apparently painful.  In this situation, he made the book free and somehow encouraged the essayists to share their intellectual capital for free.  Seth Godin is changing the landscape of book writing and publishing before our very eyes.  This is an example of creative destruction.  Here is the link to his blog and his free book:

http://sethgodin.typepad.com/seths_blog/2009/12/what-matters-now-get-the-free-ebook.html

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