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Automobile Deaths and the How to be a Losing Investor
After Seeking Alpha selected my article, “New EPA Mileage Standards Could Stimulate Auto Sales,” an investor made the following comment: “Every time CAFE standards rise, the total number of deaths from car accidents rises (lighter cars means less survivability).” The statement is incorrect, as I show below. More importantly, this... »
New EPA Mileage Standards Could Stimulate Auto Sales
A common view of government regulations is that they are a necessary evil. They can help in areas such as safety, but they can also interfere with free choice and efficiency – plus, they can be costly. However, there is an oft-overlooked benefit: Regulations can spur economic development. General Motors’ (GM) story in the... »
John Tobey on Seeking Alpha
