A useful primer on the auto industry

I'm a little behind on posting about this, but on Nov. 29 Michael Arrington offered A Modest Proposal For The Auto Industry: Stop Building Cars. He contrasts the computer industry, where the overall design is what the major computer brands compete on, using parts made in their own competitive sub-industries by other firms, with the auto industry, where vertical integration from iron ore/coke milling to car financing is the rule, stifling innovation and running up costs.

A great read now that the automotive bailout is a hot topic among people who don't know any economics.

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Let them build windmills

Apparently most of the wind powered generators are imported. Detroit can build them.