The real story in nonphysical goods is one of deflation. Value in once-scarce — well, once-controlled — commodities like news, information, and advertising decline as the internet explodes creation and competition. The internet also destroys the ability of many to control distribution and thus value. But at the same time, the internet drastically increases efficiency [...]
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Without dismissing the accomplishments of her folks (her father was dead before she was 2), [Frances Bean] Cobain advises, “People need to wait until I’ve done something valid with my life.”
Frances Bean Cobain: ‘I’m Not My Parents’ at People.com
That’s a refreshing change from the normal rock and roll / Hollywood scene. Is it possible [...]