That's the social cost that Charles Kamonoff, an NYC environmental/transportation analysist, believes each driver who enters Manhattan's central business district imposes on other drivers.
Via Felix Salmon :
After crunching the numbers, he calculates that on a weekday, the average car driven into Manhattan south of 60th Street causes a total of 3.26 hours of delays to everybody else.
(At weekends, the equivalent number is just over 2 hours.) No one car is likely to suffer excess delays...
Hutchison misses the point
Frequent commenter trza pointed me to this op-ed by Kay Bailey Hutchison in Thursday's San Antonio Express-News. Tolls are unpopular, I know, and she's running for governor, but this is...
Hutchison misses the point
Frequent commenter trza pointed me to this op-ed by Kay Bailey Hutchison in Thursday's San Antonio Express-News. Tolls are unpopular, I know, and she's running for governor, but...
Market Urbanism on congestion pricing
Market Urbanism has posted a fairly technical explanation why the congestion price that maximizes throughput also maximizes total revenue. I'm not sure his explanation is correct because he...
Market Urbanism on congestion pricing
Market Urbanism has posted a fairly technical explanation why the congestion price that maximizes throughput also maximizes total revenue. I'm not sure his explanation is correct because...
McBlogger doesn't like congestion pricing
McBlogger is a boisterous critic of tolls. No surprise, then, that he doesn't buy my arguments for congestion pricing I-35 and MoPac. He's written a pretty long critique -- and raised an...
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