14 feb 1900 año - Federal Gas Mileage Standard: A Criticism of Social Regulation

Descripción:

To accommodate the Federal Gas Mileage Standard, producers manufactured lighter cars which led to a higher death rate.

Critics argue that social regulations produce many unintended and costly side effects: The Federal gas mileage standard for automobiles has been blamed for an estimated 2000 to 3900 traffic deaths a year because auto manufacturers have reduced the weight of vehicles to meet the higher miles-per-gallon standards. Other things equal, drivers of lighter cars have a higher fatality rate than drivers of heavier vehicles. This example proves that the social regulation to meet the higher miles-per-gallon led to the costly side effect of a higher death rate.

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