09 Nov 2024
by Jim Rose
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, politics - USA, survivor principle, transport economics, urban economics
Tags: electric cars
There is a market for electric vehicles, but government mandates and subsidies—regulators predicting winners and losers—cause more harm than good. By forcing technology into widespread use before it is ready for primetime, governments are causing consumers to resist EVs. Instead, government regulators should allow consumer demand, competition, and the “market process” to guide EV adoption.
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
04 Nov 2024
by Jim Rose
in economic history, economics of education, liberalism, Marxist economics
Tags: Age of Enlightenment, economics of slavery, free speech, political correctness, regressive left
Tweet… is from page 390 of the 2016 second edition of Thomas Sowell’s excellent volume Wealth, Poverty and Politics (footnotes deleted; original emphases): People who seek to find blame, as distinct from causation, often also seek a localized source of evil to blame. Professor Paul Krugman, for example, refers to slavery as “America’s original sin.”…
Quotation of the Day…
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