It seems that Thomas L. Friedman, the economist and author of The World is Flat, agrees with the premise in my 21 December blog post on bailing out the auto industry. In his op ed in the New York Times published on 21 Feb 2009, Mr. Friedman suggested that it would be better to invest this money in startups than with the zombie auto industry. Great minds think alike (or he read this blog first).
For his column please see: Start Up The Risk-Takers
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