Re:$40 road tolls offer insight into commuter psychology
by dalbasal on Thursday December 07, 2017 @06:18AM
(#15869139)
>> a market mechanism like every other resource.
Well... the mechanism is prices. A market machaninism, but not really a market in the full sense...
Anyway the result of this mechanism are fairly predictable. Fixed, scarce, resource. Price system. Unequal distribution of wealth/income. Most of the scarce resource will be allocated to the wealthy, who will outbid the rest.
At present, the non market price-like mechanism is generally time, and all people get 24 hrs per day.
Well... the mechanism is prices. A market machaninism, but not really a market in the full sense...
Anyway the result of this mechanism are fairly predictable. Fixed, scarce, resource. Price system. Unequal distribution of wealth/income. Most of the scarce resource will be allocated to the wealthy, who will outbid the rest.
At present, the non market price-like mechanism is generally time, and all people get 24 hrs per day.