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Companies spent billions on adjusting to regulations while trying to improve performance. Perhaps we'd be all electric by now, or perhaps we would have cars tha
by yostrovs 9y ago
Companies spent billions on adjusting to regulations while trying to improve performance. Perhaps we'd be all electric by now, or perhaps we would have cars that fly, considering the money spent on efficiency and pollution control instead. Do read Bastiat's "What is seen and what is not seen" essay on squandered potential.
- JustSomeNobody 9y agoNo. This is America. We'd all be wearing masks to filter out particulate matter in the air. Companies are beholden to stockholders and they would charge ever more for ever less if we let them. Regulations are a good thing in some instances. Especially when it keeps our air clean.
- icebraining 9y agoTom Lehrer's satirical song Pollution from 1967 seems an appropriate reminder. Here's a version with images from the time: https://www.youtube.com/watch?v=XCojBngA--s https://www.youtube.com/watch?v=XCojBngA--s
- gumby 9y agoThose same efficiency gains, which include materials, weight, fuel consumption etc all improve the path to flying vehicles.