EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Friday, January 07, 2005

Another Example of NIMBY

NIMBY is an acronym for "Not In My Back Yard." It refers to views held by most of us that, yes, we need/want landfills and halfway houses and super highways, etc., but just don't put one in my neighbourhood.

Here (from The Onion) is a good extension of the principle to public transportation: we all want all the other drivers to leave their cars at home and take public transportation so there will less congestion for us when we drive our cars.

[thanks to Jack for the pointer]
 
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