Thursday , July 18 2019
Home / T. Cowen: Marginal Revolution / There is no great stagnation, refitted tuk-tuk edition

There is no great stagnation, refitted tuk-tuk edition

Summary:
An Essex man has said he is “over the moon” after setting a new tuk-tuk land speed record, having purchased the three-wheeled Thai vehicle during a “boozy night on eBay”. Over the course of two laps, Matt Everard reached a speed of 74.306mph (119.583km/h) after being set a target of 68.35mph (110km/h) by Guinness World Records. Everard, 46, a freight firm boss from Billericay, drove the 1971 Bangkok taxi on Monday at the Elvington airfield in North Yorkshire, with his cousin, Russell Shearman, 49, as his backseat passenger. Everard, a father of two, has spent more than £20,000 improving the vehicle after buying it from a seller in Bolton in 2017, saying he has worked on “every nut, bolt and bearing”. Here is the full story, via Michelle Dawson. The post There is no great stagnation,

Topics:
Tyler Cowen considers the following as important: ,

This could be interesting, too:

Tyler Cowen writes What is the America-China trade war all about?

Tyler Cowen writes Tuesday assorted links

Scott Sumner writes Voters, progressives, and philanthropists

Alex Tabarrok writes India’s Tallest Building Cut Down To Size

An Essex man has said he is “over the moon” after setting a new tuk-tuk land speed record, having purchased the three-wheeled Thai vehicle during a “boozy night on eBay”.

Over the course of two laps, Matt Everard reached a speed of 74.306mph (119.583km/h) after being set a target of 68.35mph (110km/h) by Guinness World Records.

Everard, 46, a freight firm boss from Billericay, drove the 1971 Bangkok taxi on Monday at the Elvington airfield in North Yorkshire, with his cousin, Russell Shearman, 49, as his backseat passenger.

Everard, a father of two, has spent more than £20,000 improving the vehicle after buying it from a seller in Bolton in 2017, saying he has worked on “every nut, bolt and bearing”.

Here is the full story, via Michelle Dawson.

The post There is no great stagnation, refitted tuk-tuk edition appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

Leave a Reply

Your email address will not be published. Required fields are marked *