money

How to use induced demand to your advantage

  In my last post I talked about induced demand, the counter-intuitive idea that when there is a greater supply of a resource, more of it is used.  I see this most often in discussion of transportation issues, where people … Read MoreRead More

What highway congestion can teach you about your goals

  Many of you spend a large chunk of your life stuck in traffic.  And I feel for you; I lived in New York City with a car for seven years, and while I never commuted to work using my … Read MoreRead More