Re: Congestion charges changes scrapped
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Re: Congestion charges changes scrapped         

Group: uk.transport · Group Profile
Author: Jaap Transformer Oil Everest
Date: Jul 9, 2008 06:16

> term, one hopes that when the contracts with the jackals, er...
> company that operates the scheme has expired, it will not be renewed and
> the whole scheme will be scrapped.

Why do you hope that? What alternative do you suggest apart from a
price mechanism? road space rationing? permits? "cap and trade"
certificates of entitlement? A sudden surge in telecommuting and
online shopping?

Failing to have some form of demand management on The City's roads is
a terrible idea macroeconomically - look up the concept of "the
tragedy of the commons".
Shortages are a horribly inefficient way of allocating scarce
resources.
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