R.J. Lehmann on Auto Insurance Inflation

ICLE Editor-in-Chief R.J. Lehmann was quoted by the New York Times in a story about the role of auto inflation in the Consumer Price Index. You can read the full piece here.

“The classic example is that, you know, a bumper used to be a cheap replacement part, and it’s no longer that way because you have advanced sensors in there — that makes it quite an expensive proposition,” said R.J. Lehmann, a senior fellow at the International Center for Law and Economics, a nonpartisan research center.