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EconProf
ParticipantNow or in the near future is a great time to buy a Toyota.
Prices are low and falling because of a media-driven overreaction to the gliches, combined with Americans’ inability to evaluate risk.
Consider: how many deaths have occurred due to the defects? Probably dozens, if that. But they are well-publicized and their importance exaggerated by the public. How many Americans die annually in traffic accidents–about 37,000! Perhaps 1/3 don’t wear seat belts, which more than doubles one’s chance of dying in an accident. A huge share of deaths are due to alcohol. To text while driving is about as dangerous as driving drunk, and is increasingly common.
Cars are infinitely safer than in past decades, thanks to seat belts, air-bags, better brakes, suspensions, reinforced doors, roofs, and bumpers, etc. Meanwhile we obsess over a miniscule number of deaths from truly rare imperfections in our vehicles as we continue to drive foolishly.
It is so easy to blame big businesses for everything instead of seeing the bigger picture.
I wish I needed a new car…I would buy a Toyota.ParticipantNow or in the near future is a great time to buy a Toyota.
Prices are low and falling because of a media-driven overreaction to the gliches, combined with Americans’ inability to evaluate risk.
Consider: how many deaths have occurred due to the defects? Probably dozens, if that. But they are well-publicized and their importance exaggerated by the public. How many Americans die annually in traffic accidents–about 37,000! Perhaps 1/3 don’t wear seat belts, which more than doubles one’s chance of dying in an accident. A huge share of deaths are due to alcohol. To text while driving is about as dangerous as driving drunk, and is increasingly common.
Cars are infinitely safer than in past decades, thanks to seat belts, air-bags, better brakes, suspensions, reinforced doors, roofs, and bumpers, etc. Meanwhile we obsess over a miniscule number of deaths from truly rare imperfections in our vehicles as we continue to drive foolishly.
It is so easy to blame big businesses for everything instead of seeing the bigger picture.
I wish I needed a new car…I would buy a Toyota.ParticipantNow or in the near future is a great time to buy a Toyota.
Prices are low and falling because of a media-driven overreaction to the gliches, combined with Americans’ inability to evaluate risk.
Consider: how many deaths have occurred due to the defects? Probably dozens, if that. But they are well-publicized and their importance exaggerated by the public. How many Americans die annually in traffic accidents–about 37,000! Perhaps 1/3 don’t wear seat belts, which more than doubles one’s chance of dying in an accident. A huge share of deaths are due to alcohol. To text while driving is about as dangerous as driving drunk, and is increasingly common.
Cars are infinitely safer than in past decades, thanks to seat belts, air-bags, better brakes, suspensions, reinforced doors, roofs, and bumpers, etc. Meanwhile we obsess over a miniscule number of deaths from truly rare imperfections in our vehicles as we continue to drive foolishly.
It is so easy to blame big businesses for everything instead of seeing the bigger picture.
I wish I needed a new car…I would buy a Toyota.ParticipantJeremy Grantham is one of those thinkers you just have to pay attention to, so accurate have been his analyses of our past experience. And he thoroughly and accurately skewers my fellow economists, who have not only failed to predict, but often contributed to our travails.
ParticipantJeremy Grantham is one of those thinkers you just have to pay attention to, so accurate have been his analyses of our past experience. And he thoroughly and accurately skewers my fellow economists, who have not only failed to predict, but often contributed to our travails.
ParticipantJeremy Grantham is one of those thinkers you just have to pay attention to, so accurate have been his analyses of our past experience. And he thoroughly and accurately skewers my fellow economists, who have not only failed to predict, but often contributed to our travails.
ParticipantJeremy Grantham is one of those thinkers you just have to pay attention to, so accurate have been his analyses of our past experience. And he thoroughly and accurately skewers my fellow economists, who have not only failed to predict, but often contributed to our travails.
ParticipantJeremy Grantham is one of those thinkers you just have to pay attention to, so accurate have been his analyses of our past experience. And he thoroughly and accurately skewers my fellow economists, who have not only failed to predict, but often contributed to our travails.
ParticipantUnemployed lawyers desparately seeking work?
Ah, another blessing of this recession.ParticipantUnemployed lawyers desparately seeking work?
Ah, another blessing of this recession.ParticipantUnemployed lawyers desparately seeking work?
Ah, another blessing of this recession.ParticipantUnemployed lawyers desparately seeking work?
Ah, another blessing of this recession.ParticipantUnemployed lawyers desparately seeking work?
Ah, another blessing of this recession.ParticipantOne little-remarked indicator of the report is actually quite upbeat. The number of people working short weeks or part-time who would like to work more fell by over 1 million.
This suggests employers are taking the initial steps that are a precurser to actually hiring more people. -
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