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Economics at the Wheel: The Costs of Cars and Drivers
 
 
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Economics at the Wheel: The Costs of Cars and Drivers [Paperback]

Richard C. Porter (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

0125623615 978-0125623612 June 23, 1999 1st
Economics at the Wheel is about cars and driving, and all the problems that cars and drivers create for America. It explains actual government policy intended to reduce the damage cars and drivers do to us, and it explains why these government policies are almost all failures because they attack the wrong problem or attack it in the wrong way. The reader will come away with a much fuller understanding of air pollution, global warming, highway safety, auto insurance, gasoline taxation, rush-hour congestion, leaking underground storage tanks, and many other auto-related issues.

Key Features
* Presents continuous application to real policy issues of introductory microeconomic theory
* Looks at common actions and circumstances from an economics perspective
* Readable with accessible prose style and few footnotes
* Includes questions to provoke student thinking and boxed sections of side materials to stimulate discussions
* Maintains a breezy style; begun as class note, the author has tried to keep the book as near the give-and-take of a small class as possible
* Makes the immense technical economic literature on automobiles accessible to undergraduates with a minimum of formal theory, math, and graph abilities

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Editorial Reviews

From the Back Cover

Beyond issues of convenience, style, safety, innovation, and mobility, automobiles raise questions about the ways that markets work and do not work. Almost all of our automobile problems arise from the car's generation of external costs. These costs, when added to the private costs of driving, make driving a socially expensive habit. And by evaluating this habit from an economic perspective, we can develop cost-effective policies to save lives, use less gasoline, and decrease pollution. In his examination of automobiles, driving habits, and government policies, Richard Porter presents an analysis and critique of cars and the ways they are regulated. His conclusions are both surprising and compelling.

Product Details

  • Paperback: 258 pages
  • Publisher: Academic Press; 1st edition (June 23, 1999)
  • Language: English
  • ISBN-10: 0125623615
  • ISBN-13: 978-0125623612
  • Product Dimensions: 9 x 6 x 0.5 inches
  • Shipping Weight: 14.4 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,913,614 in Books (See Top 100 in Books)

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Average Customer Review
5.0 out of 5 stars (2 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

5.0 out of 5 stars Great!!, April 28, 2009
A wonderful book. There is no fluff, gets right to the point and does not compromise on the math. The exercises are nice and can be used in lectures. Overall a really nice experience reading the book.
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5.0 out of 5 stars Doesn't skimp on the math, March 5, 2004
By 
C. Magee (New York, NY) - See all my reviews
(REAL NAME)   
This review is from: Economics at the Wheel: The Costs of Cars and Drivers (Paperback)
This is a great book. It's quick, concise, well-organized, easy to understand, not dumbed down, practical ... I could go on. Plus, Prof Porter actually emailed back when I wrote him with comments and questions. The book includes questions throughout for further thought, the answers to which are in the back and resemble class notes. I wish I could find a book as good as this on more topics.
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Inside This Book (learn more)
First Sentence:
Barely 1 century ago, the Duryea Motor Wagon Company of Springfield (Massachusetts) rolled 13 cars out of its construction barn-and sold them. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
variable private cost, oil spiller, gasoline taxation, real gasoline prices, highway death rate, higher gasoline taxes, alcohol taxation, marginal private cost, highway deaths, air pollution policy, mandatory deposits, congestion tolls, highway fatalities, new car prices, average fuel efficiency, random fraction, risk compensation, belt usage, gasoline demand, gasoline consumption, less gasoline, total social cost
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, World War, New Jersey, Ann Arbor, Dangerous Dans, South Africa, General Motors, Middle East, Western Europe, Los Angeles, Nervous Nellies, New Generation of Vehicles, Watcr Pollution
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