Here’s a delightful 4 minute video from Mexico explaining how induced demand and misdirected subsidies make the use of cars so much more of a problem than is duly recognised. (Note the presence of the British Embassy in the credits at the end. Should we look to the Mexican Embassy in London to help produce a version for the UK market?)
Where is the video? I am very interested in demand and subsidies of cars.
Posted by: Noble, T | Sunday, 17 June 2012 at 04:23