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IPFS News Link • Economy - Economics USA

John Stossel talks about private innovation, X Prize and SpaceShip One

01-21-2010 • John Stossel for Fox Business Channel

Last night on Stossel, John spoke about the private sector and how it drives technological innovation. One of the examples he gave was the fierce competition brought on by the Progressive X Prize, which is a cash prize for the first company to manufacture a 100mpg roadworthy car. He also spoke about Virgin Galactic and the original X prize winner, SpaceShip One.

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Reported By Nick Barnett

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