@LeusderListicle @JWMason1 Or here a paper from 1978 which actually simulates what US gasoline consumption would have been if US consumers faced European prices. No doubt one can argue with the econometrics, but it isnt as though the question has not been asked, and answers given.
sciencedirect.com/science/articl…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…