The problem is that "inducing demand" for people who would otherwise take public transit doesn't actually increase efficiency. Putting more cars on the road is not necessarily a net benefit.
You are making the assumption that deliberately causing an undersupply of road space so that people are forced to use public transit is a net virtue, while in reality it's just acting against the market.
Not to say they've found a good strategy(!), but when the market fails to price in externalities like pollution from cars, acting against the market would be the right thing to do, wouldn't it?
maccolgan|3 years ago
tashi|3 years ago
sagarm|3 years ago
chronometry888|3 years ago