More on the Baumol effect, from @ATabarrok, fascinating graphs showing the rising price of shoes/clothing and car repair, relative to the cost of new shoes/clothing or new cars.pic.twitter.com/9xmUz3Pbiy
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Not disagreeing with you, just cautious. I remember a study showing it was _much_ more environmentally friendly to eat some fruit or other shipped from New Zealand, rather than grown locally, because local growth was so much less efficient it swamped transport costs.
Rereading the above: you're probably right! I was very surprised by that NZ study, and probably over-cautious as a result...
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that’s interesting. though thinking of things like new cars and fast cheap fashion it’s rarely a better deal for the environment to constantly be replacing these things. the most environmentally-friendly car is often not a Prius, it’s a used car.
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The used car will probably be much lower fuel efficiency, so need to compare the savings from the increased fuel efficiency against the environmental cost of making a new car. Even a modest gain in fuel efficiency will make a big difference over, say, 5 years.
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