Comment Re:Government Economists (Score 1) 137
So, you're actually saying that if you introduce toll lanes, the demand for those lanes will fall... and the people who previously had that demand will just vanish? Or will they just use the (now more congested) toll-free lanes? Demand for the good whose price increased may fall, but unless you impose tolls on all of the lanes (and then all of the alternate routes), you're just moving the congestion around, almost certainly non-optimally. The only way to actually reduce congestion would be to eliminate alternate routes for those who can't or won't pay the tolls. Which, considering the sort of oligarchic, myopic worldview this represents, is really a pretty good reason to discard this sort of "rational" economic reasoning altogether.