John Cassidy, a writer for the New Yorker, wrote a blog post arguing against New York City's

Question:

John Cassidy, a writer for the New Yorker, wrote a blog post arguing against New York City's having installed bike lanes. Cassidy complained that the bike lanes had eliminated traffic lanes on some streets as well as some on-street parking. A writer for the Economist disputed Cassidy's argument with the following comment: "I hate to belabour the point, but driving, as it turns out, is associated with a number of negative externalities." What externalities are associated with driving? How do these externalities affect the debate over whether big cities should install more bike lanes?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

Question Posted: