Hi Billy,

Sent from my iPhone

On Sep 26, 2010, at 10:13, [email protected] wrote:

> China is developing its electric car industry using the power of state 
> capitalism.
> The question is : How can America compete ?  To do this requires 
> multi-billions
> in investment. For the life of me, I don't see where the libertarian model  
> of economics
> is relevant. Just thought I'd make this observation.

The question oils whether this is more like our moon shot or the 1980s Japanese 
investment in artificial intelligence? The risk in big audacious programs is 
that you chase a mirage and never produce anything workable.

E 

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