The capitalism of magic

MAGIC has been called the second oldest profession—and, like the oldest profession, it continues to thrive. In booming Las Vegas, for instance, David Copperfield and Penn & Teller continue to play to packed houses. Pamela Anderson, a former star of “Baywatch”, best known for attributes other than acting ability, has so enjoyed being the assistant in Hans Klok's new show, “The Beauty of Magic”, tha

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[walkinglint]

> In fashion, it seems, top designers may not want to protect their IP. When their ideas are copied, they become passé. This in turn creates demand for new ideas from the top, and so on—a process known as “induced obsolescence”.

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