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58 points

US car prices have risen massively over the last few years. Dealers just openly list $5000 markups on the sheet.

things are ripe for disruption so the empire is really going to have to ramp up the protectionism.

Perhaps the Big Three deserve destruction; after all, they hooked us on S.U.V.s in the first place and then fell behind in the E.V. race. But letting them die is not a tenable political option for the Biden administration.

but wait I thought “mArKeT fOrCeS WiLl pRoDuCe tHe bEsT oUtCoMeS”??

capitalism only works on paper

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The Yard Sale model makes me think it doesn’t even work on paper.

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And the paper is a damp bar napkin

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15 points

Art Laffer’s life story.

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