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All markets have congestion controls, they're called prices. The only reason roads and traffic don't function well is because they don't have prices. Traffic
by DINKDINK 8y ago
All markets have congestion controls, they're called prices. The only reason roads and traffic don't function well is because they don't have prices. Traffic on roads* is the 21st equivalent of Soviet breadlines.
*(particularly in the US where they are cross subsidized the most)
- zach_garwood 8y agoWow, I never thought of it that way, but it's a great point.