Time Is Money
31 May 2006
Editor, The New York Post
Dear Editor:
Sen. Hillary Clinton is correct: a national speed limit of 55 mph will force Americans to consume less oil. But it will also force us to spend more time in our cars rather than at our destinations.
Given Sen. Clinton's concern that, as she says on her website, "Today's families are often stretched thin... trying to carve out time for their young children and aging relatives,"* surely she should think twice before concluding that the oil we'll save by driving more slowly is more precious than the time we'll waste by doing so.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
* http://clinton.senate.gov/issues/children/
George Mason University
Editor, The New York Post
Dear Editor:
Sen. Hillary Clinton is correct: a national speed limit of 55 mph will force Americans to consume less oil. But it will also force us to spend more time in our cars rather than at our destinations.
Given Sen. Clinton's concern that, as she says on her website, "Today's families are often stretched thin... trying to carve out time for their young children and aging relatives,"* surely she should think twice before concluding that the oil we'll save by driving more slowly is more precious than the time we'll waste by doing so.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
* http://clinton.senate.gov/issues/children/
George Mason University
Posted by Don Boudreaux on
Saturday March 17, 2007 at 12:50pm