A student of mine asks about annual, mandatory car inspections. In Pennsylvania, they’re required.
In states like Kentucky or Indiana (my home state), they’re not. To my eye, the distribution of cars looks roughly the same. Yes, you’re more likely, in Indiana, to see an outlier that looks something like this:
Economists have written extensively about price floors, spilling much less ink on quality floors. The most basic point to make is that a quality floor’s level is necessarily arbitrary. Don’t the good citizens of Pennsylvania deserve even better, in their automobiles, than the state government has legislated? I see so many, myself
