Posts Tagged externalities

The High Cost of Driving: Putting A Price on Traffic

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Here is a short analysis of an interview CBC did with Prof. Chris Ragan of McGill, Chair of the EcoFiscal Commission. The video include the CBC interview. There are great issues of negative externalities, and how people ignore the opportunity costs of being stuck in traffic. The […]

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Can Road Tolls and Congestion Taxes SAVE Money ?

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Canada’s Ecofiscal Commission issues a report titled “We Can’t Get There From Here: Why Pricing Traffic Congestion is Critical to Beating It.” The commission recommends road tolls and congestion taxes as a way to save money for drivers, businesses, and the economy in general. The CBC story reports […]

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