Geoff Manne of the International Center for Law and Economics has spearheaded a detailed, thorough, analytical letter to New Jersey Governor Christie examining the state’s ban on direct vehicle distribution and why it is bad for consumers. Geoff summarizes the argument in a post today at Truth on the Market: Earlier this month New Jersey …
By now you’ve probably heard that last week the New Jersey Motor Vehicle Commission passed a rule stipulating that automobile sales in the state cannot be direct-to-consumer, and must instead take place via dealer franchises. Tesla Motors was the clear target of this regulation, with its innovative electric vehicles and direct-to-consumer sales model. New Jersey …
Rent-seeking Diary: State Dealer Franchise Laws and Tesla Read More »
Lynne Kiesling Today’s Nikola Tesla’s 153rd birthday, as you can see celebrated in the Google page logo today (Hat tip: D.O.U.G., thanks!). If we owe our modern electricity-enabled civilization to any one scientist, it’s Tesla — alternating current, induction motors, transformers, you name it. Tesla rocks. And for you 80s music fans, Tesla’s birthday post …
Copyright © 2022 Knowledge Problem Archive