16 October 2017

When people go around efficiency-boosting regulations, market failures happen, dontcha know?

Apparently, putting more cars on the road, and encouraging them to drive around looking for a reason to be on the road, causes more congestion. I'd not seen that one coming.

Perhaps there's a way to cap how many 'ride-sharing' vehicles are out there. We could make little metal plates with numbers on them, and require the 'ride-share' drivers to affix them in some manner to their vehicles. It's sort of amazing to me that no one has thought of this.


https://www.axios.com/study-shows-ride-hailing-is-likely-increasing-street-traffic-2496568908.html