Comments: My chart

August is a slow news month, Brother jg is gallivanting all across the EU and enjoying the benefits of socialism up close and personal. I wiped my computer and lost several bookmarks and utilities that facilitate blogging. And, oh yes, that Trump fellow.

And yet, there is an inexorable shift toward social media. I'm spending a lot less time on other blogs and have no doubt that our small but mighty readership feels the same. Interesting. The opening paragraph might be "whistling past the graveyard."

If I've a critique of your chart, it is the premise of binary choice. I get that Tesla is more private that GM because of bailouts and public equity ownership. But if subsidies went away today, GM would barely change direction, while Tesla would close its doors.

Norman Borlaug is a hero of highest proportion, but not as a serial entrepreneur. He worked with foreign governments and no doubt public research. Is he a creature of free-market capitalism?

Obvious omission is Uber/Lyft vs. municipal taxicab cartels. And, perhaps my favorite piece of all time Emissions vs. Oil Changes.

Posted by jk at August 23, 2016 10:45 AM

That's a fair cop, JK; my list could use refinement (Haiti ain't Venezuela, nor is the DR = Switzerland), or a wholesale title change. I'll think on it, or just pull Tesla :-)

Borlaug was a microbiologist for DuPont, and his big splash with hybridized wheat was funded mostly by the Ford and Rockefeller Foundations. I especially liked the juxtaposition with Lysenko... and imagine the few millennials pondering "...who?"

Posted by nanobrewer at August 24, 2016 12:32 AM

Brother jg is back! And, as I hope to describe in a future post, socialist Europe actually felt more free in many ways than pseudo-free America.

But to the point: I agree with jk that Tesla and Prius belong in the starboard (I won't call it "right") column. Both are subsidy dependent. LED lights and CFL's, I think, are well placed even though LEDs are subsidized by government mandate. The CFL was pushed upon an unwilling market, but LEDs are being allowed to obtain market share on their merits, albeit at subsidized price.

The best part of the whole chart, IMO, is the part on energy. Bravo. Perfection.

Posted by johngalt at August 25, 2016 11:33 AM

I still like the idea, and thanks JG! I'm thinking of new titles:
Free-Markets and Centralized Planning

Any votes for the new title? I think I'll pull DR/Haiti for New Zealand / Venezuela

Posted by nanobrewer at August 30, 2016 12:30 AM
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