13 May, 2007

Improving gas mileage using the free market.

Senate or House has recently passed an increased mileage standard: in 2020 cars will have to make at least 35 miles using a gallon of fuel -- like a non-hybrid Civic could do 20 years ago. Woo-hoo!

Certainly, automakers aren't happy. I suppose, if left alone they'd still make horse-driven carriages. Proven technology and all, the public would buy anything, as long as it is domestic, reliable, etc.

So it would seem the so called free market needs constant kicking and prodding in order to produce something that is actually good for general public. Or, as a pedantic reader would say, monopolies should be restricted - which is rather tough to do with car makers, telecoms, cell phone makers and pharmaceutical companies. In other words, if an industry that produces something more advanced than shovels or firewood, there would be just a few big companies, monopolies de facto. Interestingly, these are the very industries that affect peoples' lives the most. ;)

Neo-monarchy to the rescue! Instead of wasting time and taxpayers' money for discussing only marginally useful laws, our ideal monarch would instead parallelize the monopolies' with the public interest. Being true to his despotic, non-democratic self, he'd severely limit the freedom of the few individuals. As you might have guessed, he'd prohibit car makers high management to buy gasoline for their transportation. Instead, he'd give them 20 gallons per week, 5 extra for Labor Day weekend. I am fairly certain all the cars they make would soon be able to travel from Detroit to LA and back using half of those 20 gallons.

Free market wins, as usual!

1 comment:

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