In a recent post, commenter Jeremy H. helped point out that the use of the term “public good” is grossly abused in the case of transportation. Even Nobel economists refer to roads as ”important examples of production of public goods,” ( Samuelson and Nordhaus 1985: 48-49). I’d like to spend a little more time dispensing [...]
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February 22nd, 2011 | Tags: congestion, don boudreaux, Economics, highways, public good, public transit, roads | Category: Economics, Transportation, Urban[ism] Legends | 50 comments |
 printable viewBack a couple years ago, I noted an Econtalk podcast with Russell Roberts and Duke University Professor Mike Munger on the private bus system in Santiago, Chile. This week’s episode starts with Munger’s update on the Santiago transportation system after visiting for three weeks and spending a lot of time traveling the city’s buses [...] August 24th, 2010 | Tags: buses, Economics, econtalk, munger, private transit, public transit, Russell Roberts, santiago, traffic, transit | Category: Economics, privatization, Transportation | Leave a comment |
printable viewMatt Yglesias is one of the best mainstream bloggers on land use/transportation that I know of. As one blogger (who I don’t recall right now) once said, his urban planning and transportation posts could be blogs in their own right. However, it’s puzzling that in an article for Cato Unbound, he comes up [...] November 12th, 2008 | Tags: free market urbanism, private transit, public transit, Randal O'Toole, Stephen Smith | Category: Free-market impostors, Transportation, zoning | 17 comments |
printable viewPaul Krugman wrote an op-ed this morning how the US living and transportation patterns will not cope with high oil prices as well as European cities: Changing the geography of American metropolitan areas will be hard. For one thing, houses last a lot longer than cars. Long after today’s S.U.V.’s have become antique [...] May 19th, 2008 | Tags: infrastructure, Oil, paul krugman, public transit, suburbia, suburbs, Transportation | Category: sprawl | 10 comments |
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