Prices Drive Innovation: Cheap Gasoline
The article explores the calls for government intervention related to rising gasoline prices and argues that such actions might hinder innovation, referencing historical data from the 1970s oil crisis.
Don't expect an oil crisis like in the 1970s. Europe is more resilient to shocks today, says economist
An economist discusses the resilience of Europe to potential oil shocks caused by instability in the Middle East and the impact on travel costs.
The fate of the Czech trolleybus 14 Tr hung by a thread. Only the oil crisis convinced the communists
The development of the Škoda 14 Tr trolleybus was initially sidelined in the early 1970s, but the oil crisis revived interest in it, leading to its eventual iconic status despite its limited initial rollout.