Bill James

Relatively Low Unemployment Is No Cause for Optimism

If we are allowed to innovate, it is possible to create an average of 1.8 million jobs over the next 12 years building Personal Rapid Transit networks. These are a Physical-Internet, computer networks that move people and cargo with a tenth the energy required of cars.
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Unfortunately, government has not de-monopolized their planning process as was done with AT&T in 1984. To innovate requires a lot more attempts and failures than is allowed within institutionalized thinking. Policy makers need to shift from Plans to Performance Standards. A Performance Standard of 120 passenger-miles per gallon is easily achieved.
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