This week's IGM European Economic Experts Panel statement:
In general, using more congestion charges in crowded transportation networks — such as higher tolls during peak travel times in cities, and peak fees for airplane takeoff and landing slots — and using the proceeds to lower other taxes would make citizens on average better off.
Keyword: public transport
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This week’s IGM Economic Experts Panel statements:
A: Because the US has underspent on new projects, maintenance, or both, the federal government has an opportunity to increase average incomes by spending more on roads, railways, bridges and airports.
B: Past experience of public spending and political economy suggests that if the government spent more on roads, railways, bridges and airports, many of the projects would have low or negative returns.
This week’s IGM Economic Experts Panel poll statement:
The former head of the Transportation Security Administration is correct in arguing that randomizing airport “security procedures encountered by passengers (additional upper-torso pat-downs, a thorough bag search, a swab test of carry-ons, etc.), while not subjecting everyone to the full gamut" would make it "much harder for terrorists to learn how to evade security procedures."
This week’s IGM Economic Experts Panel poll statement:
In general, using more congestion charges in crowded transportation networks — such as higher tolls during peak travel times in cities, and peak fees for airplane takeoff and landing slots — and using the proceeds to lower other taxes would make citizens on average better off.
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