Gas tax hysterics
OK, this has gone overboard.
Hillary Clinton’s proposed gas tax holiday is not, in my view, a good idea. But the furor over what is, when all is said and done, a small and temporary policy proposal is entirely disproportionate. What’s going on?
Part of it, clearly, is the fact that many people in the [...]
This is an old VoxEU article that has been sitting unread in my browser for some time. It is worth reading:
Measuring the welfare gain from new goods
New goods are constantly introduced. Some have a major impact, others little. Consider the recent case of the Apple iPhone. How much has the iPhone improved your welfare? If [...]
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