Monthly archives of “September 2019

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A taxonomy of moats

Jerry Neumann’s recent blog post on the “taxonomy of moats” is a great summary of the ways in which companies — and perhaps even cities — can protect themselves against competition. Here’s an excerpt from his introduction: Value is created through innovation, but how much… Read More

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My life as a tram

Love them or hate them (I happen to love them), Toronto’s streetcars are part of this city’s identity. Most North American cities got rid of their streetcars around the middle of the 20th century. But Toronto didn’t. And that has left us with the largest… Read More