John Galbriath, Galbraith: The danger posed by the deficit ‘is zero’
Simon Johnson, Goldman Goes Rogue — Special European Audit To Follow [via Duncan Black]
Harold Meyerson, In Wal-Mart’s Image
Two guest posts on the Freakonomics blog advocating congestion pricing. From the first:
By driving onto a busy road and contributing to congestion, drivers slow the speeds of others — but they never have to pay for it, at least not directly…. Using tolls to help internalize the congestion externality would somewhat reduce the number of trips made on the most congested roads at the peak usage periods; some trips would be moved to less congested times and routes, and others would be foregone entirely. This way we would cut down on the congestion costs we impose on each other.
The second deals with several common arguments against congestion pricing.
