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Well, that's what basic economic theory would predict, so I'd argue you'd need to have a pretty robust and demonstrated reason to conclude that it wouldn't. Yo
by ACow_Adonis 8y ago
Well, that's what basic economic theory would predict, so I'd argue you'd need to have a pretty robust and demonstrated reason to conclude that it wouldn't. You've first got the general increasing in the supply of labour, but then you've got a secondary effect considering the lowering of barriers to people who consider car ownership a sunk cost and not connected directly and solely to using the vehicle for income-production introducing a very low marginal rate for some of that supply...