Guy bookmarked: Universal Scrobbler 2010/07/10Bookmark from Delicious | More Profiles » 
« New IAEA symbol
India’s elderly »

Road pricing

“Here’s an old economist conundrum about queues … when you queue [for a water fountain] – I get no benefit from your pain. When you pay, I probably do … It may not be a good argument for road pricing, but it does explain why economists tend to think of the price mechanism as a better method of rationing things than congestion.”

Evan Davis, BBC Economics Editor, here.


Posted Sunday, February 25th, 2007 @ 1:17 pm
Filed in politics

Full Permalink | Shortened URL | Trackback URL
Comments on this post

Share post on del.icio.us Delicious | Facebook Facebook | Reddit Reddit
Twitter Twitter | StumbleUpon StumbleUpon | Digg Digg

Further reading


These posts may be related to the one above:
  1. US homelessness
  2. On innovation
  3. Crap facilities

Leave a reply


XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Click to insert: :mrgreen: - Mr Green emoticon :-| - Neutral emoticon :twisted: - Twisted emoticon 8-O - Shock emoticon :-) - Smile emoticon :-? - ??? emoticon 8-) - Cool emoticon :evil: - Evil emoticon :-D - Grin emoticon :oops: - Oops emoticon :-P - Razz emoticon :roll: - Roll emoticon ;-) - Wink emoticon :cry: - Cry emoticon :-o - Eek emoticon :lol: - Lol emoticon :-x - Mad emoticon :-( - Sad emoticon



Your comment should appear immediately on submission. If not, it's most likely been incorrectly flagged as spam and will be automatically deleted if you take no further action. To save it from oblivion, e-mail me ASAP with the date and approximate time you submitted the comment and I will manually moderate it.