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    Capitalism: Making Tires Safer and Most Things Better

    Humans have been using tires since the dawn of the automotive age. But today’s tires aren’t much like their predecessors. Instead of being made with natural rubber, for example, they’re fashioned from layers of materials, including textiles and steel. This is a perfect example of what economist Joseph Schumpeter meant … More

    Electric Cars Slide Over for New Gas-Powered Cars

    No matter how hard the government tries, it just won’t ever be as effective as the free market is in satisfying consumer demand. Want proof? Take a look at what the federal government is doing to lure people into buying more expensive, less convenient plug-in electric cars. Since little demand … More

    Chevy Volt: Cheap at Half the Price

    You can buy a lot of car for $41,000. A BMW. A Mustang GT convertible. Even a Mercedes. Or you could shell out for a brand-spanking-new electric-powered Chevy Volt and do your part to “save the environment.” Government-owned General Motors is counting on the government to encourage you to do … More