Listen: Stephen Dubner, "In the 1890s the Best Selling Car Was... Electric," Freakonomics Podcast, 30 March 2022 (~45 minutes)

1. What does this podcast explain about innovation, and what is the relationship to strategic management in terms of the idea of achieving competitive advantage and/or creating distinctive value propositions?

2. What do you learn about the relationships between industries?

3. What do you learn about the nature of "substitutes" to industry (think Five Forces definition and Threat of Substitutes as a force).

note - the perspective offered in the podcast poses an interesting challenge to Porter's conception of Threat of Substitutes. Explain.

4. What would you ask Dubner and/or Standage - if you could?