TESLA, HAYEKIAN PRODUCTION CYCLES, AND US MISALLOCATION OF CAPITAL TO RENT-SEEKING
So the rate at which Tesla is inventing technology is disturbing, not just because it’s so exceptional, but because it’s an example of ‘what goes well’ if capital pursues higher long term returns.
Source date (UTC): 2022-09-17 17:01:05 UTC
Original post: https://twitter.com/i/web/status/1571182463979749376
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