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#8
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Tom Seim wrote:
(John Cochrane) wrote... I hope we don't see a rash of similar stories as low-timers do silly things 'knowing' that the BRS can save their bacon. Comments? Sam Pelzman, a fellow economist here at the University of Chicago, once argued on similar grounds against seat belts in cars. He pointed out, quite correctly, that long sharp steel spikes on the dashboard would be far more effective at lowering the accident rate. John Cochrane So I assume that Sam (and, by concurrence, you) had said spikes installed on his car. If you think about it for a second, you'll realize it only works if *everyone* has the spikes installed 8^) Marc |
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