Gas Prices: Mobility Cost As Percent of Household Budget Has Fallen

Lynne Kiesling Glen Whitman has a nice analysis of gasoline expenditure as a share of household income. Note that he shows, by income quintile, how the cost of traveling 25,000 miles in a year fell from 1981 to 2000, and that although it rose through 2005 and fell back a bit in 2006, it is … More Gas Prices: Mobility Cost As Percent of Household Budget Has FallenMore Gas Prices: Mobility Cost As Percent of Household Budget Has Fallen

Glaeser on Environmentalism

Lynne Kiesling Harvard economist Ed Glaeser has a nice column in today’s Boston Globe in which he proposes a “road map for environmentalism” (HT to Greg Mankiw). I think it’s a thoughtful and substantially correct analysis and pragmatic set of proposals; in particular, his emphasis on the importance of rethinking current policies and the extent … More Glaeser on EnvironmentalismMore Glaeser on Environmentalism