Quoted By:
We should privatize all the roads, and it should be legal to price gouge.
1. Road companies want to maximize profit, which means maximizing flow. Road companies can select tolls dynamically in order to control density and therefore flow.
2. Road companies generally cooperate because more traffic from your neighbors == more profit for you and vice versa.
3. Private mass transit becomes profitable. Road companies like buses because they can charge more, and buses will still be able to offer big toll discounts to their passengers.
Option A. Use a free road
Option B. Pay a road toll
Option C. Pay for a train ticket
As you can see, when option A goes away, option C suddenly becomes viable.
4. Ubiquitous ass transit will help the poor disproportionately.
5. When a road is consistently very expensive to use, investors create alternative roads, railways, bridges, and tunnels.
6. Cul-de-sacs become unnecessary when every neighborhood can cheaply set up collection infrastructure and make money from thru-traffic.
7. Cities become more dense. Urban sprawl ceases. Property on the outer fringes of the city No explanation necessary.
8. Investors will "flip" houses by buying real estate, selling options on the real estate to road companies, and then reselling the real estate at a similar price. The holdout problem is a meme.
I could go on and on, but why bother because nobody takes this idea seriously.
