Tag Archives: fredrich hayek

Voltwagon

August 5, 2010   8/03-8/07, auto bailout, Auto Industry, bailout, carbon, climate change, Economy, Evironment, global warming, Government, Obama, Politics, President

Fredrich Hayek’s 1944 classic Road to Serfdom has become a best seller again. He said that governments tend to plan production for political, rather than market, purposes. Government owned GM’s new Volt costs $41,000, runs on a battery, and gets 40 miles per charge.

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