Showing posts with label induced demand. Show all posts
Showing posts with label induced demand. Show all posts

Wednesday, November 6, 2019

Positive thinking

Induced demand and the Black Hole Theory of Highway Investment

Friday, June 29, 2018

Quote of the Day: induced demand


“We assume that car use is an incompressible liquid that must be routed somewhere. But it’s more more like a gas that fills whatever space it's given.” Ian Lockwood, HT Taras Grescoe