Great Moments in Government Investment

Remember how the US gasoline-powered automobile market would never have developed without the massive government grants to Standard Oil to build out a gas station network?  Yeah, neither do I.

3 Comments

  1. Ian Lippert:

    Oh Ya! I totally remember that!!!

    ...

    oh wait, No I dont!!!

  2. DrTorch:

    But, but

    Standard Oil was an evil trust, and John Rockefeller was an evil robber baron!

    Didn't you pay attention in 8th grade history?

  3. markm:

    But there actually was a market for gasoline.