I first wrote about this last year, but India is now selling the Tata Nano.
This is a great example of how private industry works to solve problems and improve life for the poor.
This is also a great example of why the American government would get in the way of this kind of innovation through its nannyish tendencies. The car has no airbag, no other big safety features, only goes to 43 mph.
Government is no friend of the poor. Business is.
Question: what cost would unions bring to car production like this? Doubling the cost? Tripling the price tag?
I don't know, I think this car is nice. Would like to see something like it in the USA...I wrote a blog about it also if you care to look link is below:
