kurtlikevonnegut
Well-Known Member
Right, there are a ton of examples just in the auto industry: the model T, the automatic transmission, power windows, the efficiency blitz in the 70s. Those were all driven by market forces, not policy.The amount of innovation that comes from businesses trying to make money is mind boggling. I mean Ford with the Model T wasn't created and manufactured because some regulation encouraged it.
The way you get innovation is to eliminate regulations, not create more.
The most recent is Tesla. Were they helped some by policy decisions? Sure. Would they have succeeded without them? Likely, but with more difficulty, because the market was stagnant and consumers were demanding innovation.
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