Rethinking the Economics of Traffic Congestion

The Atlantic Cities takes a look at the Economics of Traffic Congestion.  It turns out that congestion is positively correlated with per-capita GDP, and there’s little evidence to suggest that traffic congestion ends up inhibiting economic development significantly.  In their words it’s nothing more than a metric of how convenient it is to drive an automobile.  But many cities still insist on “Level of Service” as a metric of success in their transportation master planning process, under the assumption that congestion must necessarily be bad for the economy.

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Zane Selvans

A former space explorer, now trapped on Earth. Just trying to make sure we don't blow up our one and only spaceship.

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