Posts Tagged ‘inflation’
I was browsing through some data about historical gas prices, when I found some an interesting graph from the Energy Information Administration. Immediately something jumped off the page at me: when looking at historical inflation-adjusted gas prices, every time the price goes above $2.50 we’ve had a major economic meltdown.
Tory Gattis had a great post on Monday in which he reviewed some news from late ’08. Two major highlights: 1. A comprehensive study by the Brookings Institution found that congestion pricing of freeways “would reduce housing costs and sprawl. It eliminates the subsidy for living farther out, which drives up demand and density in [...]