David Jane highlights the electric vehicle market as an example of an area where investors risk missing the real opportunity because they do not appreciate they have too western a perspective on the world
The 1970s and 1980s were an era where the free market economies appeared victorious over the planned economies of Eastern Europe. Juxtaposed against that consensus was the Japanese economic miracle, which appeared to be more successful than either, with strong centralised planning against a backdrop of private ownership of businesses. Despite this, it has become widely acknowledged that free markets are much more successful than central planning, and state interference will ultimately lead to failure. This point takes on special significance in the context of China, which also mixed c...
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