Word: leapingly
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...Walkman wasn't a giant leap forward in engineering: magnetic cassette technology had been around since 1963, when the Netherlands-based electronics firm Philips first created it for use by secretaries and journalists. Sony, who by that point had become experts in bringing well-designed, miniaturized electronics to market (they debuted their first transistor radio in 1955), made a series of moderately successful portable cassette recorders. But the introduction of pre-recorded music tapes in the late 1960s opened a whole new market. People still chose to listen to vinyl records over cassettes at home, but the compact size...
...novel point in time, publishing needs to start on a new page. Only the young can fully accept that—to those who are entering the industry for the first time, it’s a new page no matter what. Publishers should be forced to make this leap of blind faith into an uncertain technological world, because that faith, the creed of words, is so important...
...March 25, 1983, Michael Jackson took one small, backward step onto a television stage - and one giant leap into dance-floor history. The thin, angular pop star was only 24 years old when he took an obscure break-dancing move and transformed it into one of the most recognizable routines of all time. Jackson debuted the moonwalk during his performance of "Billie Jean" on the ABC television special Motown 25: Yesterday, Today, Forever, and the heavy rotation that the song's video enjoyed on MTV injected it into America's pop-cultural consciousness. The moonwalk is so fluid, so effortless...
...Falling But it's a big leap from there to concluding that publishers are going to perish or that Amazon wants them to. It's true that Amazon plays hardball with them, but that's partly because the online-book world - unlike the real-life Amazon - isn't particularly biodiverse yet. If publishers aren't in a position to check Amazon directly, the market is, or it will be. There will be some painful scenes while we wait for that to happen, but already Google - a company that never met a loss leader it didn't like - has announced...
Shiller and Summers in particular came to revel in tweaking the rational-market establishment. Shiller declared in 1984 that the logical leap from observing that markets were unpredictable to concluding that prices were right was "one of the most remarkable errors in the history of economic thought." Summers described how financial markets were often dominated by "idiots" (he later dubbed them "noise traders" and co-authored a series of academic papers showing how their errors could move prices) and lamented at the 1984 meeting of the American Finance Association that "virtually no mainstream research in the field of finance...