Comment on Less wrong economic policy

Sat, 04 Jul 2009 20:35:15 GMT

"on a weekday, the average car driven into Manhattan south of 60th Street causes a total of 3.26 hours of delays to everybody else. (At weekends, the equivalent number is just over 2 hours.) No one car is likely to suffer excess delays of more than a few seconds, of course, but if you add up all those seconds for the thousands of affected cars and trucks, it comes to a significant amount of time."

I had to add to this thread because I found this quote in what appears to be a good analysis of Manhattan's transportation externalities and a proposal that includes congestion pricing.

If this is accurate, does it change your opinion on the need for congestion pricing? How much?

Discuss