November 16, 2017

What's Your Moonshot?

Donald J. Boudreaux

Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
 

In 1978 after 40 years of bureaucratic rule, a bipartisan effort opened up the airline industry to competition. The changes were transformational. Air travel, once only for the well-off, is now a common way to get home for the holidays. Overnight shipping was virtually impossible; now it's practically a requirement for customers and business alike.

To what problems can we apply this paradigm now? What else is locked-in and off-limits to innovation? Tell us: what's your moonshot?