Electric Vehicles (EVs) are fast becoming popular commute vehicles in places like the silicon valley. Attractive leasing options, availability of charging options at home, commercial charge stations, and at some company parking lots are encouraging many people to switch to EVs. Are they yet an economically viable option for an average commuter? Read this article to . . . → Read More: Electric Vehicle Economics – Would an EV be a good option for you?
“How many miles can I drive on a gallon of gasoline?”
“How many gallons of gasoline do I need to travel 10,000 miles?”
Is there anything fundamentally different in these two questions?
Consider the following examples:
Let’s say you drive 10,000 miles in a year on an average. If you have a car that gives you 10 miles-per-gallon (MPG), then . . . → Read More: Thinking In GPM Can Overcome MPG Illusion
In my post Irrational Economics, I quoted some surprising observations from an article in The Atlantic titled “Dismal scientists: how the crash is reshaping economics.” I wrote:
“What the article says is that a lot of the economics theories that are being used today haven’t advanced at all in the past 80 years or so. While some . . . → Read More: Did Research Fundings Influence Economic Policies?
A video is worth a thousand words. Here is what I just found — a great visualization that shows what led to the . . . → Read More: The Crisis Of Credit Visualized