Category Archives: Technology and Society

We’re Number 53,000!

[Sunday morning update]

We’re up within 35,000 today, and there are three new (all five-star) reviews.

I think this is the highest ranking the book has ever had on Amazon. Sales must have picked up this week (I hawked it quite a bit while in DC, both at the conference and with a couple think tanks — I’ll probably be doing a ReasonTV interview in the next couple weeks).

Also, it’s once again number one in the category “Aviation and Space Law.” Plus, it’s selling for full retail, which I’d assume means that Amazon thinks there’s sufficient demand for it that they don’t have to discount (not that I’ve given them a lot of room to do so, but they have had it down a buck or so in the past).

[Update a while later]

OK, based on numbers at the printer, it looks like I sold 27 books last week. Compare that to 18 for the entire month of January. Hopefully those will continue to build with more publicity, and good reviews at Amazon (six right now, all five star).

[Bumped]

Failing Well

…is the American way. Michael Barone reviews Megan McArdle’s new book, which I think has some similar themes to mine.

[Update a couple minutes later]

This bit is interesting:

Her advice is to avoid enterprises that are in long-term decline, such as General Motors starting in the 1970s. In business and public policy, try to learn from well-conducted experiments — but recognize that successful trials can’t always be replicated on a large scale.

I think that also applies to NASA human spaceflight as practiced for the past fifty years.

Crowdfunding

Where does it go from here?

Traditional capital flows from nonprofits to investment banking are being disintermediated. People, causes and businesses that need capital have access through the internet, social media and crowdfunding platforms to capital that they simply could not access before. As this trend grows, crowds will demonstrate a different sort of wisdom, sometimes funding causes that foundations wouldn’t or entrepreneurs that VCs wouldn’t.

The JOBS bill was one of the few bi-partisan things that Congress had done recently that will actually help the economy and provide more opportunities for true wealth and job creation.