The Laird (Re-)Explains the "New Economy"
Most of you have (patiently) listened to my explanation of the "New Economy," but I want to reiterate it before submitting further evidence of my theory.
Old Economy
Capital is used to purchase the means of production, natural resources are cultivated, and labor is applied to create goods of value. Thus, wealth is created.
New Economy
Find an object that is not currently presenting advertising to anyone. Place advertising on it. Thus, wealth is created.
Today's Example
US Airways to place ads on sickness bags, wealth created
posted by VMM at 4:25 PM
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