Hayek Goes Supersonic

marginalrevolution.com/marginalrevolution/2025/06/hayek-goes-supersonic.html

When I post about lifting the ban on supersonic flight, smart commenters show up with charts: optimal fuel burn is at Mach 0.78–0.84, they say, or no one wants to pay thousands to save a few hours. Maybe. But my reply is always the same: Bottled water!
In 2024, Americans spent $47…

This story appeared on marginalrevolution.com, 2025-06-10 11:17:40.
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