Taxing congestion

Brad DeLong wonders why you have to be a Trotskyist to apply simple microeconomic principles to the problem of urban automotive congestion. I wonder along with him. Go Red Ken!

It would be foolish to hope that the current fiscal crisis of the states might make some non-Trot governors on this side of the pond pay attention to congestion fees as a potential revenue source.

Yes, Mr. Davis? Was there something you wanted to say?

Author: Mark Kleiman

Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out. Books: Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken) When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist Against Excess: Drug Policy for Results (Basic, 1993) Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989) UCLA Homepage Curriculum Vitae Contact: Markarkleiman-at-gmail.com