Wednesday, March 25, 2009

Kingwood resident publishes book about economic opportunity



Kingwood resident Steve Unwin recently published his book: “The New American Dream: How to Make it Happen!”


By MATTHEW HUISMAN
Updated: 03.24.09
Throughout the history of mankind, the entrepreneurial spirit has been the engine of the economy. Steve Unwin, an eight-year Kingwood resident, recently finished his book “The New American Dream: How to Make it Happen!” about human ingenuity and how it relates to the economy today.

“I was interested in how the economy works and what makes people buy and what makes people sell,” Unwin said.

He explained how people think up an idea and start a small-scale business. From there the business grows legs and expands. The final stage is where a single product replaces a service provided.

“That’s the lifecycle of the economy,” Unwin said.

Unwin used the example of RedBox - a machine that delivers a service 24 hours a day with little overhead cost and at a cheap price to consumers - which is a possible replacement for Blockbuster.

“It’s an ATM for movies,” Unwin said. “It’s taking the place of Blockbuster and it’s very available.”

But the idea of a product replacing a service could also be used in education. Unwin used the example of the Nintendo Wii and the possibility of using it to supplement education in schools. He talked about how it could help students learn.

“Students aren’t just listening and looking,” Unwin said. “They are engaged and all three senses are being applied to learning.”

Read the full story HERE!

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