|
Sponsored Links (Register now to hide all advertisements) |
|
|
Thread Tools | Display Modes |
07-19-2023, 09:39 AM | #1 | |
Senior Member
Join Date: Apr 2018
Location: Mebane NC
Posts: 2,355
|
Econ paper on the Model T
Some economists from UMich recently released a working paper that looked at the impact of the Model T. From the abstract:
Quote:
|
|
07-19-2023, 12:34 PM | #2 |
Senior Member
Join Date: Jun 2010
Location: San Antonio, Texas
Posts: 16,436
|
Re: Econ paper on the Model T
Distances of daily travel in Europe were many times within bicycle distance. Automobiles were expensive even if the Model T was relatively affordable. Most of it was likely dependent on economic reasons. Europe went through WWI and was still rebuilding from that. If a person could walk, ride a bike, or ride a bus then that was likely how most folks went about their daily lives.
Last edited by rotorwrench; 07-19-2023 at 04:41 PM. |
Sponsored Links (Register now to hide all advertisements) |
|
07-19-2023, 03:04 PM | #3 | |
Senior Member
Join Date: Apr 2018
Location: Mebane NC
Posts: 2,355
|
Re: Econ paper on the Model T
Quote:
|
|
09-09-2023, 03:37 PM | #4 |
Senior Member
Join Date: Feb 2011
Location: NNNNNNNNJJJJJJJJJJ
Posts: 6,791
|
Re: Econ paper on the Model T
Sponsored Links (Register now to hide all advertisements)
Germany was severely set back by their economy as well as WW1, and hence was not ready for something similar to the T in the teens. They were going through a huge inflationary period, whereas the US suffered immensely in 1907, regarding depression. It can be argued that financial success and failures were a direct result as to the success of the automobile worldwide. To this day, half of the world still doesnt have success regarding the automobile. Heck, many countries still dont have electricity. We dont realize how blessed we really are. And to think, this is a "hobby" for us on the Barn......... |
|
|
Sponsored Links (Register now to hide all advertisements) |
|