How Insular Media Protects Itself

One of the chief problems, Sykes said, was that it had become impossible to prove to listeners that Trump was telling falsehoods because over the past several decades the conservative news media had “basically eliminated any of the referees, the gatekeepers.” “There's nobody,” he lamented. “Let's say that Donald Trump basically makes whatever you want to say, whatever claim he wants to make. And everybody knows it's a falsehood. The big question of my audience, it is impossible for...

 Innovation is Not Enough

The idea that successive waves of innovation are the main driver of long-term performance in a new or emerging business—or an existing one, of course—appears to be sound when viewed in the abstract. Clearly, innovations in technology, processes, and methodology have occurred, sometimes dramatically, in the U.S. and world economies. Whole new businesses emerged over the past two centuries as advances in manufacturing, transportation, services and communication came in sometimes rapid, succ...