Elon Musk Dismisses Induced Demand, A Phenomenon First Witnessed In 1866
Elon Musk has once again used Twitter to air a controversial opinion. This time the SpaceX and Tesla billionaire has upset urbanists with his dismissal of a phenomenon that was first described in 1866.
On December 29, Musk tweeted that: “Induced demand is one of the most irrational theories I’ve ever heard.”
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