Quote from: Failure Topic

The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.


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Author Bio


  • NameElon Musk
  • Descriptionentrepreneur and inventor from South Africa
  • AliasesElon Reeve Musk; Musk; Elon R. Musk
  • BornJune 28, 1971
  • CountryUnited States Of America; South Africa
  • ProfessionEntrepreneur; Business Magnate; Aerospace Engineer; Engineer; Inventor; Businessperson