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The Daily Salvo for June 5, 2012 - "Economies of Safety"

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Published on Jun 5, 2012

According to the National Highway Traffic Safety Administration, roadway fatalities fell to an estimated all-time low in 2011. But don't assume that a decrease in car accident deaths is necessarily a result of government creating more laws cracking down on drunk-driving, seatbelts and texting. Maybe fewer lives are being lost because car-makers are building safer vehicles and consumers are buying them. In fact, based on the history of the free market and its positive effect on the human condition, it's probably safe to say that new innovation is more responsible for saving lives than new legislation.

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