JFK used "New Frontiers" as the theme for his administration, opposing the idea of new frontiers to to Fredrick Jackson Turner's idea that the frontier had closed in 1890.
What's interesting to me is the idea of "invasive species" as a metaphor for identifying new ecological niches as the result of innovation. The easiest example is computers, or perhaps the internet. But we also have innovation in markets: sometimes they're fads, like emus or bison for meat or bagel shops, sometimes they're real, like pizza in post-WWII and avocados today.
A current new frontier is legalized marijuana. What fascinates me is how the industry will develop; will there be parallels with other agricultural commodities or will it be totally unique?
See this post from Colorado.
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