"Normal Goods', according to economists, are those where demand increases with income and wealth. Inferior goods find that their share of income falls as wealth increases. In my most recent post to the Planetizen.com blog, I argue that transit is an inferior good. Guess what? Planners disagree. The post prompted a rather lifely discussion string.
Recent Posts 
- Louisiana Streamlining Commission Should Reject Proposal for Legislative Approval of State Contracts (11/21)
- Air Traffic System Is Outdated and Politicized (11/20)
- New At Reason: Treating Wall Street Like the Mafia (11/20)
- Don't Let Banks Keep Disguising Risk (11/20)
- Congress Plans "Too Big To Fail" Witch Hunts (11/19)
