For a "Monopoly", Amazon Sure Isn't Acting Like One

Time is precious. Time is money. Insert your cliché here. Humans and time are easily the two biggest inputs to economic progress, and nothing else comes close. Remember that the next time some pundit asks what “the Fed” or “Congress” or “President…” can do to stimulate growth. Governments can’t print humans or time, so when they promise you prosperity, they’re fibbing.

All of this and more came to mind while reading about Amazon’s planned rollout of another time-saving shopping innovation. Up front, Amazon sure is competitive for a company that is said to be a “monopoly.”

 

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