While most economists advocate for reduced regulations and more information dissemination, David Henderson of the Hoover Institution points out that trusting the government to release good information could prove disastrous. He uses the pandemic to illustrate how it isn’t always in the government’s best interest to release good information. For example, the CDC seemed to withhold a study suggesting schools could’ve reopened safely last October, likely because it didn’t match government agenda and public sentiments.
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Technology
The First Solar-Powered Car Comes at a Hot Price
The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here