How highway spending reduces congestion (or doesn't)

Courtesy AustinContrarian  Sat, 03/21/2009 - 10:48pm

2930037909_a74227fdd1 The Texas Transportation Institute estimates that highway congestion cost Americans $78 billion in 2007.

 The average person probably couldn't cite a specific number, but he knows it's a lot.

Quantifying the deadweight loss from congestion is one thing.

 Figuring out how to fix it is another.  Proposed solutions fall into two categories:  "build more capacity"  and "do something else."  Depending on whom you ask, the "something else" means congestion pricing, adding light...



 

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