Wednesday, October 05, 2005

Car Driving Economics

Want to End Traffic Jams? Raise the Prices
The way we operate our roads violates a basic lesson of economics: If you underprice something relative to its true cost, people will use too much of it. by Charles Wheelan, Ph. D., The Naked Economist

There are some good ideas in this article, but for every invention of this type, there are people that will try to figure a way around it, ie. people commuting in High Occupancy Lanes with a car full of mannequins.

HOT Lanes
more HOT Lanes

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