Grist writer Elly Blue extolls the “bicycle economy” and argues that using bicycles instead of cars has a huge multiplier effect, citing studies that show a $90 million boost to the local economy every year in Portland and a yearly $1.5 billion bike economy [PDF] in Wisconsin:

The first in a series on bikes and the economy.

Imagine getting a $3,000 to $12,000 tax rebate this year. Now imagine it coming again and again. Every year it grows by around a thousand dollars.

Imagine how this would change your daily life.

Biking graphicClick for a larger version.

Infographic: Mgmt Design, courtesy of the National Building Museum

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(Thanks to Larkin Morgan of Bike-Walk Sebastopol for the tip]