The peanut butter Pop-Tart is not an innovation

Today’s Wall Street Journal has an article about the use, overuse, and misuse of the word “innovation” in modern business, particularly with respect to consumer products. The number of instances of S&P 500 CEOs using the word in their earnings calls has doubled since 2007. Sadly, this misuse and overuse threatens to remove all meaning … More The peanut butter Pop-Tart is not an innovation

“That—that—is what we are for: voluntary associations, in all their richness and bewildering complexity”

The above is a quote from Duke political economist (and friend of KP) Mike Munger, who also blogs at Kids Prefer Cheese and Euvoluntary Exchange, and is a frequent guest on EconTalk. Mike’s written a thoughtful and interesting reflection in the Freeman on what libertarians stand for. In many ways it’s a riff on Toqueville … More “That—that—is what we are for: voluntary associations, in all their richness and bewildering complexity”