I went to Toys R Us recently to buy my son a Lego set for Hanukkah. Did you know a small box of Legos costs $60? Sixty bucks for 102 plastic blocks!
In fact, I learned, Lego sets can sell for thousands of dollars. And despite these prices, Lego has about 70 percent of the construction-toy market. Why? Why doesn't some competitor sell plastic blocks for less? Lego's patents expired a while ago. How hard could it be to make a cheap knockoff?
Eighteen months ago Eden Full was finishing up her sophomore year at Princeton University. She was on the crew team as a coxswain. She had spent the previous summer in Kenya building an innovative, low-cost contraption to make solar panels more efficient.
Full was glowingly successful — the kind of college student who ends up profiled in alumni magazines.
Hurricane Sandy's effect on the nation's unemployment figures was less pronounced than expected. The reasons are complex, but one thing is clear: Thousands of victims are still struggling to rebuild their lives and get back to work.
Danielle Siekierski was tending bar at a restaurant in Manhattan's Meatpacking District before Sandy hit. When the restaurant was damaged in the storm, the workers were told it might be a week before it reopened.