This is great! I feel the same way about traffic regulation. I don't mean seatbelts, I mean stop signs and stop lights. Our yeoman drivers are best positioned to make the determination about stopping or proceeding themselves. Bureaucrats in Washington are too far away to make this important decision for every driver. It's best left to individuals to make the decision about personal safety themselves.
More seriously, you'll note that none of the charts have numbers. They're all more-or-less standard economics demand curves, except for Figure 3, which is a kind of "Laffer Curve" for "net lives saved". Table 1, which is a bunch of numbers, is for things that are (or have been in the past) collected by the FAA or NHTSA, some federal agency.
This is just ideologically driven application of junior-year economics, plus a mystical belief in "Laffer Curve" type cost/benefit analyses.
This is great! I feel the same way about traffic regulation. I don't mean seatbelts, I mean stop signs and stop lights. Our yeoman drivers are best positioned to make the determination about stopping or proceeding themselves. Bureaucrats in Washington are too far away to make this important decision for every driver. It's best left to individuals to make the decision about personal safety themselves.
More seriously, you'll note that none of the charts have numbers. They're all more-or-less standard economics demand curves, except for Figure 3, which is a kind of "Laffer Curve" for "net lives saved". Table 1, which is a bunch of numbers, is for things that are (or have been in the past) collected by the FAA or NHTSA, some federal agency.
This is just ideologically driven application of junior-year economics, plus a mystical belief in "Laffer Curve" type cost/benefit analyses.