A lot of money is being spent around the world to make transportation better. I think we can make some progress on that in the next 10 years, and it's the potential that is enormous. People are doing some very innovative things. Just waiting in line and waiting has ceased to be such a cost.
Author and economist Tyler Cowen of George Mason University talks about his book, Big Business, with EconTalk host Russ Roberts. Cowen argues that big corporations in America are underrated and under-appreciated. He even defends the financial sector while adding some caveats along the way. This is a lively and contrarian look at a timely issue.