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Comment: Re:Car Must Be 100 MPG+ (Score 1) 371

by hamelis (#22807130) Attached to: New X-Prize for Fuel Efficient Cars Announced
Not bad at all, though I suspect that if a car that efficient could be designed for that price, it probably already would exist.

This is based on the assumption that markets work efficiently. The only place markets work efficiently is in Economics textbooks. In real life, it is often easier and safer to just replicate what the guy before you did. Business has huge inertia 'We do it this way because that's the way we did it before and it worked well enough.' Risk-takers, people who want to try new ideas, are not rewarded ('you spent how much, on that? you're fired!'), or often simply not given an opportunity to make mistakes.

Good salesmen and good repairmen will never go hungry. -- R.E. Schenk

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