Goodbye, Ivory Tower. Hello, Silicon Valley Candy Store
It begins with this picture of Peter Coles (Airbnb's chief economist), whose quote about candy stores is echoed in the headline.
And here's a quote from Hal Varian:
"Understanding how digital markets work is getting a lot of attention now, said Hal Varian, Google’s chief economist. But, he said, “I thought it was fascinating years ago.”