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Toyota is testing out a car thatвЂ™s covered with solar panels. Apparently, it takes a supercharged V8 engine to make that monstrosity move.Д«ut future villainous vehicles might be scarier if they never ran out of fuel, right? What is the future of solar-powered vehicles? CleanTechnica looks at the current state of the technology. My favorite of all time, the Doof Wagon, featured walls of speakers and a flame-throwing electric guitar.

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Back in 2015, when the movie came out, Bloomberg broke down the fantastical cars that made вЂњFury RoadвЂќ so memorable. First, вЂњMad Max: Fury RoadвЂќ is an oldie, but itвЂ™s still fun to think about and watch.

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The вЂњMad MaxвЂќ series essentially fetishizes cars, so thatвЂ™s what IвЂ™m focused on today. (Photo by Angela Papuga/Getty Images) Related links: more insight from Jed Kim NuxвЂ™s car from вЂњMad Max: Fury RoadвЂќ at the Petersen Automotive Museum in Los Angeles in May. What I would want my students to see is the possibility that with human ingenuity that we can augment our resources. If thereвЂ™s never a supply response, ever-growing demand really could strip down our world of the key resources perhaps we take for granted. If we only have ever-rising demand for resources, we really can strip out all the trees, pollute the water, use all our energy.

Kahn: Perhaps the only lesson in economics is that there is supply and thereвЂ™s demand. Kim: LetвЂ™s say you have assigned your students the homework of watching вЂњMad Max Beyond Thunderdome,вЂќ and they come to class and theyвЂ™re, like, вЂњProfessor, why did I watch this?вЂќ WhatвЂ™s the economic principle you want them to take away? So a very interesting question is how entrepreneurs - as they think about the future - what do they think is our future scarcity? Mel Gibson in вЂњMad MaxвЂќ may have helped to preclude that apocalyptic future. In that case, they would focus on baldness innovation, and weвЂ™d spend no time on energy innovation. Suppose that entrepreneurs thought that there will be a future demand for baldness medicine, but it never occurred to them that thereвЂ™d be finite energy in the future. ThereвЂ™s a question: Where does their imagination come from? We can only have these breakthrough technologies if men and women make the sacrifices to invest in the nerdy stuff and in the venture capital to make these risky innovations possible. Kim: So maybe thatвЂ™s what the film gets wrong, that in reality people would have innovated their way away from this bleak future. That creates an incentive for these folks to innovate and to work with engineers and venture capitalists to fund breakthrough technologies like solar and electric cars. A young Elon Musk, a young Mark Zuckerberg - perhaps these guys saw the вЂњMad MaxвЂќ movies that we will face limits to fossil fuel supply in the future. But a point that economists make is how entrepreneurs think about the future. If thereвЂ™s a tremendous demand for energy, and if we solely rely on gasoline to provide that energy, then there could be limits to growth. Kahn: No, and you just posed the $64,000 question in environmental economics. Jed Kim: Do you think it is possible that society and our economy would break down over these sustainability issues? ThereвЂ™s something unsexy about the price system, but it plays a very crucial role in allocating scarce resources - in this case, energy. But when we can use market prices, they signal scarcity. When the rule of law breaks down, itвЂ™s very difficult to use market prices. I remember physical violence and lots of Mel Gibson jumping on top of fast-moving vehicles. I donвЂ™t remember judges I donвЂ™t remember police. Matthew Kahn: A very interesting issue is property rights in that movie. The following is an edited transcript of their conversation.

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вЂњMarketplaceвЂ™sвЂќ Jed Kim spoke with Matthew Kahn, an economist at Johns Hopkins University, about the energy technology and economics on display in вЂњMad Max.вЂќ He said that for him, the movie shows how free markets falter in a post-apocalyptic world. The main energy source is methane from вЂ¦ pig feces. You might remember the crazy cars, the eponymous Thunderdome - basically Cirque du Soleil with chainsaws. Mel Gibson and Tina Turner battled in a post-apocalyptic wasteland.

In 1985, вЂњMad Max Beyond ThunderdomeвЂќ hit the big screen. And for вЂњMarketplace Tech,вЂќ it means an occasional look at sci-fi movies and their visions of the future. ItвЂ™s summer, and that means blockbusters.

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