Guest Thinkers — February 22, 2011

Creative Destruction in Las Vegas

A weekly newsletter featuring the biggest ideas from the smartest people

Is this what Joseph Schumpeter had in mind when he coined the phrase “Creative Destruction”? Today, the Las Vegas Strip’s first mass-market casino-hotel, Stardust, was imploded to make way for Boyd Gaming Corp.’s $4.4

billion megaresort Echelon: “Hundreds of people partied beneath tents and on makeshift patios before

Boyd chairman Bill Boyd’s four grandsons pushed a plunger to detonate

the former Stardust casino. The blast generated a massive dust cloud

that chased the revelers into cars, buses and nearby casinos.”

Hey, what happens in Vegas, stays in Vegas.

[image: Yahoo! News]

A weekly newsletter featuring the biggest ideas from the smartest people

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