Public and private money should not be looked at as competing with one another, but instead as potential partners. The authors argue that public and private money have previously been considered to be in a tug-of-war, each trying to gain majority-usage. Instead, it is put forth that a “symbiotic relationship” is needed; with public money representing “stability and efficiency”, and private money spurring “innovation and diversity”, the two form a natural equilibrium that keeps each in check. Read full article here
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
Merv
January 27, 2023
