October 22, 2018
Uber and other transportation network companies (TNC) have faced criticism about causing congestion. One popular suggestion has been to stick these TNCs with fees and caps, an idea that I think is misguided. This idea effectively copies the antiquated system once applied to taxis – such as medallion limits – which harmed drivers and consumers alike. The better proposal is to apply broad-based congestion pricing, thereby pricing auto traffic, and encouraging a faster move towards shared-ride trips. And there is an even more specific way this can be done: letting TNCs pay to use bus lanes…[read the rest here]
Market Urbanism is the cross between free-market policies and urban issues. Market Urbanists believe that if cities were liberalized, they would provide cheaper housing, faster transportation, enhanced public services, and a better quality of life.