University of Toronto professors say that building more roads just encourages more driving. Building transit doesn't help reduce congestion either, though it still maximizes the value of the transportation system.
Tanya Snyder reports:
"In a paper to be published soon in the American Economic Review, two University of Toronto professors have added to the body of evidence showing that highway and road expansion increases traffic by increasing demand. On the flip side, they show that transit expansion doesn't help cure congestion either.
We'll spare you the calculus in the report. Here's the upshot: "Roads cause traffic.""
Thanks to Tanya Snyder
FULL STORY: Study: Building Roads to Cure Congestion Is an Exercise in Futility
The High Cost of Free Roads
In Wisconsin, taxpayers pay roughly $779 per household for roads and $50 for transit. But most drivers still believe that transit is subsidized and roads pay for themselves, writes Tanya Snyder.
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This is a largely unintended consequence of states with lower populations and resources focusing on repairing existing roads and infrastructure rather than expanding and building new roads.
The Nation’s Most Wasteful Highway Projects
The 2023 Highway Boondoggles report is here.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
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National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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