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Promoting Safe Driving

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My George Mason University colleague Gordon Tullock famously remarked that the best way for government to reduce the number of traffic fatalities is for it to mandate that a sharp steel dagger be mounted on the steering column of each vehicle and pointed directly at each driver’s heart.  Forget about all other regulations and mandates; that dagger will ensure safe driving.

This town in Germany is using the same sound economic reasoning that inspired Gordon’s remark