Thursday, May 02, 2013
Stan Cox, a senior scientist at The Land Institute in Salina, Kansas and the author of Any Way You Slice It: The Past, Present, and Future of Rationing, looks at how goods and services have been, and are now, rationed and asks if we can limit consumption fairly.
Friday, November 09, 2012
In the immediate aftermath of Hurricane Sandy, the availability of gas in New York and New Jersey went down while the demand for it went up. Governor Mike Bloomberg’s rationing plan goes into effect today in New York. Christopher Knittel, a professor of energy economics at MIT, says the solution is simpler than you'd think.
Thursday, October 11, 2012
By Kate Hinds
The latest Freakonomics Radio podcast takes on something the called "The Cobra Effect." (Visit their web page for a full explanation; the short version involves a disastrous attempt by the Indian government to get rid of cobras.)
A finance professor who was visiting Bogotá, Colombia, noticed that his friends never picked him up in the same car two days in a row. Why? Vehicle use is restricted based on the last digit of the license plate. And the professor's friends had found a legal way to circumvent that rule: purchase another car. So a plan intended to decrease driving may actually have increased car ownership.
Listen to the story below. Or read the transcript here.