Posted by Jonathan Adler: Clunk Confirmed: http://volokh.com/archives/archive_2009_09_20-2009_09_26.shtml#1253582712
A [1]new paper in The Economists' Voice concludes that the costs of the "cash for clunkers" program exceed the benefits by approximately $2000 per vehicle. Meanwhile, [2]September auto sales are plummeting, leading to estimates the monthly total will be the lowest in nearly three decades. References 1. http://www.bepress.com/ev/vol6/iss8/art4/?sending=10731 2. http://planetgore.nationalreview.com/post/?q=ZDYwYjIwMDMwMjFmY2YzMWVjOTdlYTI4OGI0YjhiNjA= _______________________________________________ Volokh mailing list [email protected] http://lists.powerblogs.com/cgi-bin/mailman/listinfo/volokh
