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Monthly Archives: August 2009
More on Clunkers
Another good perspective on clunkers and indeed any evaluation of an economic policy, i.e., you gotta consider the opportunity cost. And a reference at the end to Bastiat‘s Parable of the broken window. See the full article here. Did Cash … Continue reading
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Maybe Cash for Clunkers was the clunker
A couple of economists have calculated the Cash for Clunkers is costing us anywhere from $200-500 per ton of carbon dioxide saved. This as opposed to the estimated $28/ton that the climate bill will cost. I think both their estimates … Continue reading
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