The Volt

by Russ Roberts on July 30, 2008

in Energy

Jonathan Rauch profiles the Volt, GM’s electric car. It’s such a good article I actually found myself rooting for GM, which isn’t easy. It’s a superb read and highlight both the financial and psychological benefits to GM from innovation.

Meanwhile, the price of gas fell ten cents yesterday at my corner station. That must make those engineers at GM and these guys pretty uneasy. Innovation is risky business. It’s amazing it ever happens.


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