AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Government's Role Is to Create Platforms for Private Investment
Government's role is not to pay for the entire cost of change, but its role is to create platforms that optimizes private sector opportunity. In this way, it basically enables the private sector to come in and redy transform the market even more. Doctor buckner mentioned electric cars. So right now, the us. Government offers a tax credit up to 75 hundred dollars to buy an electric car. That's money that the government spends to encourage people to move away from gas power cars. This also works at levels way bigger than you and i at home, like with utilities deciding what power sources to build or new start ups are a good investment.