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Flight Times May Soon Be Cut in Half—Thanks to Capitalism
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<blockquote data-quote="cheryl" data-source="post: 2859" data-attributes="member: 1"><p><a href="https://fee.org/articles/flight-times-may-soon-be-cut-in-half-thanks-to-capitalism/" target="_blank"><strong>Flight Times May Soon Be Cut in Half—Thanks to Capitalism - FEE</strong></a></p><p></p><p>Boom’s growth illustrates the beauty and power of markets. They incentivize businesses to experiment and find the best means of satisfying customers, because businesses win when their customers win. </p><p></p><p>Denver-based startup Boom Supersonic has been developing a passenger jet that will fly faster than the speed of sound, and <a href="https://hub.united.com/2021-06-03-united-adding-supersonic-speeds-with-new-agreement-to-buy-aircraft-from-boom-supersonic-2653216403.html" target="_blank">United Airlines recently announced</a> a deal to buy fifteen of them, with an option to buy thirty-five more if safety tests go as planned.</p><p></p><p>All progress involves risks, some known, some unknown. But some people overestimate risks because they operate on the assumption that a business’s interests inherently conflict with those of its customers: It’s the company’s bottom line versus the customer’s safety—or that of the world at large.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2859, member: 1"] [URL='https://fee.org/articles/flight-times-may-soon-be-cut-in-half-thanks-to-capitalism/'][B]Flight Times May Soon Be Cut in Half—Thanks to Capitalism - FEE[/B][/URL] Boom’s growth illustrates the beauty and power of markets. They incentivize businesses to experiment and find the best means of satisfying customers, because businesses win when their customers win. Denver-based startup Boom Supersonic has been developing a passenger jet that will fly faster than the speed of sound, and [URL='https://hub.united.com/2021-06-03-united-adding-supersonic-speeds-with-new-agreement-to-buy-aircraft-from-boom-supersonic-2653216403.html']United Airlines recently announced[/URL] a deal to buy fifteen of them, with an option to buy thirty-five more if safety tests go as planned. All progress involves risks, some known, some unknown. But some people overestimate risks because they operate on the assumption that a business’s interests inherently conflict with those of its customers: It’s the company’s bottom line versus the customer’s safety—or that of the world at large. [/QUOTE]
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Flight Times May Soon Be Cut in Half—Thanks to Capitalism
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