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Trading > Mises Daily

Stimulating Anachronism, Stifling Innovation

Mises | Tue, 04/14/2009 - 10:01am | failure of bailouts, General Motors, GM, government bailouts, Government Spending, government waste, industry in America, innovation, Tesla |  1 comment

The government is tying up capital trying to prop up the gigantic and inefficient "Big Three" car companies that were in some ways the iconic firms of the mid-20th century. These resources are being wasted: they could be used more efficiently and more profitably, and therefore more effecti ... Read more

Trading > 247Wallst

The Tesla-Tata Road Race

247Wallst | Fri, 04/24/2009 - 4:03am | Tata, Tesla |  Add a comment

Both automakers have the potential to become the car company of the future. By Matthew DeBord of The Big Money The automobile is down—in fact, it probably hasn’t been this far down since the invention of the internal combustion engine. But it’s far from out. True, the industry is getting ... Read more