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>Economists would prefer the price to be price, being economists. I mean, of course. If you pay for something with money, then someone else gets the money. If
by ThrustVectoring 8y ago
>Economists would prefer the price to be price, being economists.
I mean, of course. If you pay for something with money, then someone else gets the money. If you pay for something with time, then that time is just gone.
>One thing this article leaves out is what the value of all this transport is. Maybe more roads don't solve congestion but they do produce more "goods," more Kms travelled. Presumably this has value.
A lot of the "value" winds up in making far-flung homes part of the housing market for people working at centers of employment. Suburbanization, basically.