PODCAST: Counting calories

First up: the government’s calculation of economic growth July through September. It was revised upward beyond what most forecasters were expecting. Couple that to new signs of strength in the housing market. More on that. And the Food and Drug Administration will come out with new rules requiring restaurants with more than 20 locations to list the calories of the food that’s on the menu. So how will this change what we see? Plus, a famous venture capitalist who says monopoly, not competition is the way to go. Peter Thiel was a co-founder of the electronic payments system Paypal and was the first outsider to put money into a little social networking site called the Facebook. As part of our ongoing discussions on this program about the innovation economy, Thiel’s advice to entrepreneurs is to find a niche and dominate the heck out it. Actually, he put it more strongly than that.