Electric Cars

In china, you can pick up a five thousand dollar electric car. The tragedy is that if the market had been allowed to operate, the incentive would have been to make electric cars more affordable and more practical than combustion engine cars. But because of the perverse incentives that have been put into place, we end up with inotesla as the archetype. These people long ago forfeited the right to have the best assumed of them. They've been at this now for a long time, and they have been able to play off.