Congestion pricing is extraordinarily effective public policy

Nobody could have anticipated this except everyone who understands how congestion pricing has worked everywhere else it had been tried:

this is incredible stuff. most state DOTs would spend tens of billions on highway expansions to try and see numbers like this (that wouldn’t even pan out anyway thanks to induced demand lol)

[image or embed]— Sam (@samd.bsky.social) January 13, 2025 at 4:31 PM

We’re talking a hugely positive-sum policy intervention here: fewer cars and less pollution in lower Manhattan, easier travel for those who still choose to drive and pay the toll, and lots more funding for the transit most New Yorkers rely on. Oh, and some coddled suburbanites will be upset because their inalienable right to drive private vehicles into lower Manhattan without paying any of the associated externalities has been taken away, so it’s win-win-win-win!