Laffer curve

• Dan Farber
• January 4, 2011

The “Rebound Effect” Falls Flat

Prompted in part by a recent article in the New Yorker, there’s been a lot of attention to the rebound effect lately.  The theory is that increased energy efficiency in effect makes energy cheaper (as measured in cost per unit of benefit), so people actually consumer more energy.  The empirical evidence is that this is …

Continue reading “The “Rebound Effect” Falls Flat”