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The New Zealand Railways Magazine, Volume 4, Issue 11 (June 1, 1930)

A Mischievous Fallacy

A Mischievous Fallacy.

This prompted him to mention a belief or suggestion that had struck him as being very fallacious and mischievous, but was fundamental and led people to wrong conclusions. It was that the motor had reduced transport costs. That was based on the fact that in some cases the motor carriers charged less for certain goods than the railway charged between the same points, but it did not follow by any means that the sum total of the transport costs to the community was being reduced by that procedure.