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" ... And it is this that I am certain is contributing to our inability to have nice things. We've simply set the rules up so that too much protection is being given to the incumbents in any area of the economy and not enough room being left for those who would disrupt by doing things in a different manner. We need to recall that there are two ways to get economic growth: the first is by doing entirely new things that expand consumption opportunities. The second is to do old things in a new manner, more efficiently, thus freeing up resources that can be used to do either new things or just more things. And it's that second method of growth that I fear is getting kyboshed by the regulatory state. Those who currently do things the old way have too much power to prevent the new methods from becoming established. It's that, as I've said many a time before, we're not allowing enough of the destruction that is part of capitalism's creative destruction. ... "
" ... He also kyboshed release plans for the compact Tonale SUV, to rival the BMW X1 and the Audi Q3, because he felt its plug-in hybrid performance wasn’t good enough. ... "
" ... While SsangYong had been expecting Mahindra to inject capital into its troubled Korean operations, while Mahindra plans to hand over SsangYong’s management rights to HAAH Automotive were kyboshed by the Indian Government’s opposition. ... "