Friday, March 6, 2009

The Economics of Day Light Savings

As a public service announcement, I’m going to remind you that daylight savings time is this Saturday night (Sunday morning), that means add an hour to your clock before you go to bed Saturday night.

I just think it’s a pain because its one more thing to remember so I'm anti-daylight savings. Plus one of the main reasons behind the change is that it is supposed to save energy. But a recent NBER paper by Kotchen and Grant, showed that DST actually increased electricity use.

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