Congestion and Road Pricing
The Journal of Libertarian Studies, Vol. 4, No. 3, Summer 1980
32 Pages Posted: 25 Jul 2011
Date Written: July 21, 2011
Traffic congestion is one of the most stultifying, annoying and petty occurrences known to mankind. Vehicles which are capable of safely covering 150 miles per hour under specialized conditions, and 55 miles per hour under normal conditions, are limited to crawling along, bumper-to-bumper, at perhaps 5 miles per hour.
Congestion is a danger to motorists. Apart from the direct psychological buffeting, frayed tempers undoubtedly create traffic accidents. The vehicle, too, deteriorates at a faster rate than otherwise, and overheated engines, cooling systems, interior hoses, etc., are the cause of yet additional highway injury and death.
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