Love EPJ but its possible this (micro) example of fabulous free markets doesn't fit into your (macro) assessment of fed money flowing towards crony venture capitalists. It could be free market innovation, but we don't have free markets so it could also be something that free markets wouldn't have steered us towards. Like they say up here in New England- hard tellin' not knowin'.
http://venturebeat.com/2014/08/21/the-smart-cup-no-one-needs-has-raised-3m-and-might-go-to-china/
ReplyDeleteLove EPJ but its possible this (micro) example of fabulous free markets doesn't fit into your (macro) assessment of fed money flowing towards crony venture capitalists. It could be free market innovation, but we don't have free markets so it could also be something that free markets wouldn't have steered us towards. Like they say up here in New England- hard tellin' not knowin'.
Why? please elaborate.
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