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Theseus’s Paradox – Form and Substance in Evolving Capital Markets

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2 Responses

  1. Douglas Levene says:

    Interestingly enough, Shenzhen (where I live) has in the past year outlawed those electric bikes (except for a few used for commercial deliveries), and the police run around confiscating them whenever and wherever. I’m not sure why, but I suspect it has to do with public safety – two years ago, the streets and sidewalks were filled with the damn things, and they go very fast and make no noise and mow pedestrians down like dandelions. Of course, Shenzhen does not have the pollution problems that Beijing has so a different calculus may be at work.

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