free market

Idaho Adopts Khan’s Free Online Academy

"The state of Idaho’s educational bureaucracy next year will allow public school students in two dozen schools to take Khan Academy’s free courses for full credit. This is a test. This is a huge breakthrough for liberty. It means that a state has tentatively accepted the idea that online education that is provided by a legally independent third party who is not in any way under control of the state’s educational establishment may be as good as classroom education." Continue reading →

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Rocky Mountain high: Pot a $200M industry in Colorado

"Vigorous regulation of a thriving medical-marijuana industry in Colorado offers the best glimpse of what is coming to Washington when it launches its voter-approved social-use market. With continuous surveillance, bar-coded plants and strict financial background checks, Colorado's rules allowed capitalism to be unleased, creating an instant $200 million industry." Continue reading →

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The world’s first airborne Mexican food delivery system

"Earlier this year, the world was brought to its knees when it was cruelly teased with the promise of tasty Mexican treats being delivered via quadcopter. We believe everyone deserves carne asada when they want it and so today, we make that dream a reality. We’re proud to introduce: Burrito Bomber -- truly the world's first airborne Mexican food delivery system." Continue reading →

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The top 10 tech ‘fails’ of 2012

"In 2012, we saw big tech advances. Smartphones got bigger. Tablets got smaller. Social media played a role in everything from a presidential election to disaster relief. But with advances come clunkers. When you're in a field that demands near-constant innovation and unprecedented levels of creativity, sometimes even the most successful players are going to shoot and miss. So, at the risk of playing Scrooge in this season of good will, here we come to wallow in it. Because, let's face it: The Internet loves a good fail. Behold the top 10 tech 'fails' of 2012, with wishes for happier days ahead to all involved." Continue reading →

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Five big tech stories to watch for in 2013

"We were dazzled by an array of smartphones. We were fascinated and then disappointed by Facebook's initial public offering. And we held our breaths as we awaited the verdict in the Apple v. Samsung trial. But all that's so 2012. Let's talk 2013. Will we still be paying attention to patents, smartphones, and IPOs? The answer is 'yes, yes, and yes,' but not in the way you might imagine. The great thing about writing about the high-tech industry is its constant march forward. New companies get built on the bones of old companies, and new faces emerge while others fade. It's what keeps us going and sitting on those hard, wooden courtroom benches." Continue reading →

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Google’s Android smartphones make up 53.7 percent of U.S. market share

"Apple and Google extended their dominance in the US smartphone market as 2012 neared its close. The share of smartphone service subscribers relying on Google’s Android software inched up to 53.7 percent in the three months leading up to December, while Apple’s portion grew to 35 percent from 34.3 percent, comScore reported. The most popular mobile phones were made by South Korean consumer electronics titan Samsung, whose handsets were used by 26.9 percent of US telecom service subscribers, according to comScore." Continue reading →

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Rich Chinese and Russians Flock to Germany to Spend

"Travelers from non-EU countries can receive a refund for the value-added tax they've paid on items they buy, generally 19% of the purchase price. There are days when the customs officers are barely able to cope with the flood of heavily laden tourists. Long lines often form at the customs counters shortly before flights leave for Moscow, Beijing or Dubai. The same is true for incoming flights, when arriving passengers must declare cash amounts over €10,000. A golden age has also begun for businesses that specialize in refunding value-added tax. The companies pay tourists the bulk of the refund, but the company retains a percentage as a 'service charge.'" Continue reading →

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Court Gives a Christmas Victory to Atlanta Street Vendors

"In 2009, Atlanta handed over all vending on public property to General Growth Properties—the first time any American city has set up such a centralized scheme for vending. As the monopolist has moved into areas of the city, Atlanta officials have revoked the existing vendors’ permits and forced them to leave. The first phase of the program eliminated approximately 16 vibrant vending businesses along with dozens of self-supporting private-sector jobs. Thankfully today’s ruling halted the second phase of the program—which included the area around Turner Field, where Plaintiffs Larry Miller and Stanley Hambrick’s vending businesses operate." Continue reading →

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Experimental Private Rocket Makes Highest Test Hop Yet

"A privately built rocket prototype that could lead to a completely reusable spaceflight system has passed its biggest test yet — a 12-story hop and smooth landing. In the latest test at SpaceX's proving grounds in MacGregor, Texas, the Grasshopper rocket flew for 29 seconds and reached a height of more than 130 feet (40 meters). A video of the Grasshopper test flight shows the rocket soaring up into the Texas sky, then smoothly descending to land on four spindly legs." Continue reading →

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