Video: Fixing Traffic Gridlock In Chicago
The Reason Foundation, a think tank which promotes free market solutions to society’s problems, produced a video of a presentation on a study on how to solve Chicago’s traffic congestion issues.
The study, based on market-based solutions, actually came out last year, but Reason only posted the video in the last few months.
The study suggests a combination of user fees, electronic tolling and new financing methods to reduce congestion and the number of hours drivers spent stuck in traffic. The two researchers say congestion costs the local economy billions of dollars every year.
If you have a half hour to kill, it’s certainly an interesting and enlightening look at Chicago’s traffic situation.