All Roads Lead to Toll Roads: Robert Poole on America’s Highways

Today’s episode of Economics Detective Radio features a conversation with Robert Poole of the Reason Foundation. Robert is the author of Rethinking America’s Highways: A 21st-Century Vision for Better Infrastructure, a book on how to fix America’s infrastructure woes by changing the way roadways are funded:

Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, their exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America provides its highways. Our twentieth-century model overly politicizes highway investment decisions, short-changing maintenance and often investing in projects whose costs exceed their benefits.

We discuss this book, as well as Robert’s recent controversial piece in Reason, “Stop Trying to Get Workers Out of Their Cars.” I challenge him on the issue of upzoning and we discuss the some of the necessary conditions for a successful implementation of mass transit. Robert argues that mass transit works best in cities with a high concentration of jobs in a central business district. Without a single concentrated area that many thousands of people want to commute to and from, a mass transit system often can’t get the necessary ridership to justify its cost.


 

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The post All Roads Lead to Toll Roads: Robert Poole on America’s Highways appeared first on The Economics Detective.

All Roads Lead to Toll Roads: Robert Poole on America’s Highways

Today’s episode of Economics Detective Radio features a conversation with Robert Poole of the Reason Foundation. Robert is the author of Rethinking America’s Highways: A 21st-Century Vision for Better Infrastructure, a book on how to fix America’s infrastructure woes by changing the way roadways are funded:

Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, their exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America provides its highways. Our twentieth-century model overly politicizes highway investment decisions, short-changing maintenance and often investing in projects whose costs exceed their benefits.

We discuss this book, as well as Robert’s recent controversial piece in Reason, “Stop Trying to Get Workers Out of Their Cars.” I challenge him on the issue of upzoning and we discuss the some of the necessary conditions for a successful implementation of mass transit. Robert argues that mass transit works best in cities with a high concentration of jobs in a central business district. Without a single concentrated area that many thousands of people want to commute to and from, a mass transit system often can’t get the necessary ridership to justify its cost.


 

Download this episode.

Subscribe to Economics Detective Radio on iTunes, Android, or Stitcher.

The post All Roads Lead to Toll Roads: Robert Poole on America’s Highways appeared first on The Economics Detective.

The Blockchain Anti-Trust Paradox with Thibault Schrepel

Today’s guest is Thibault Schrepel of the University of Utrecht. We discuss his work on the relationship between blockchain technology, which allows for the decentralization of firms and organizations, and anti-trust law. Here’s a quote from his article on the topic:

But in the end, one question arises as follows: is blockchain the death of antitrust law? Should it be? Answering them today is not easy as blockchain is still prone to drastic evolution, but some initial answers are to be provided nonetheless. In order to do so, this paper proceeds in three parts. The first details how unilateral practices can be implemented on blockchain and further establish a risk map. The second part focuses on the challenges for enforcers and presents a new theory entitled “regulatory infiltration.” The last part questions the legitimacy of competition law in the face of this technology – the “blockchain antitrust paradox” – and the need to decentralize competition authorities.


 

Download this episode.

Subscribe to Economics Detective Radio on iTunes, Android, or Stitcher.

The post The Blockchain Anti-Trust Paradox with Thibault Schrepel appeared first on The Economics Detective.