Archive for February, 2014

The SFU City Program, thanks to support from TransLink, is able to offer a first-class line-up of speakers on the highly relevant theme of transportation.

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Easing Congestion in Metro Vancouver: Prices Without Subsidies

February 25, 7 pm

Goldcorp Centre for the Arts (at SFU Woodwards), 149 West Hastings,

Vancouver  Admission is free, but reservations are required. Reserve here.

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Andrew Coyne, a national columnist for Postmedia/National Post,  will talk about a unified approach to pricing cars and transit.

Transit advocates commonly suppose that subsidizing transit more heavily will induce more people to give up their cars, thus alleviating congestion. The evidence for this is scant, while a better solution is at hand: pricing roads.

Pricing road use is the only effective way to induce people to drive less: indeed, as road use is at present rationed by time rather than money, other proposed methods (wider roads, carpooling, synchronized lights, etc) end up inducing people to drive more, since they reduce the time-price of using the roads.

Put the revenues from road tolls toward subsidizing transit? No: subsidized transit suffers from much the same defects as subsidized roads — both mask the real price of resource use, and both encourage sprawl. Moreover, to the extent subsidies make transit less dependent on riders for revenues, they lessen incentives to innovate and improve service.

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Lecture Series Details.

Live webcast will be available here.

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February 12, 2014 at 2:23 pm Leave a comment