The free market is pretty simple: There’s supply, there’s demand, they meet somewhere in the middle. If there’s a need, there’s a product. But sometimes, that system breaks down, as it has in the market for antibiotics.
The modern roundabout was created in 1960s Britain. But since the ’90s, the small Indianapolis suburb of Carmel, Indiana has slowly become the roundabout capital of the United States.
Ford needed a sewer line to build its $5.6 billion plant in Tennessee. But neighboring communities now have to build their own wastewater system to accommodate new residents who come for the new plant jobs.