A TRANSPORTATION AGENDA FOR THE 21ST CENTURY: III. "MARKETIZATION"--A NEW TRANSPORTATION PARADIGM

This commentary, whose author served as Deputy Undersecretary of Commerce for Transportation Research, Federal Railroad Administrator, Professor of Civil Engineering and Head of the Transportation System Division at Massachusetts Institute of Technology, and chairman of the Executive Committee of the Transportation Research Board, maintains that most of the politically popular responses to contemporary transportation problems are doomed to be ineffective. The author calls for a new transportation paradigm that sheds outmoded assumptions and myths and confronts reality. When one looks at the interests of the citizenry rather than those of the politicians and the bureaucrats, three words sum up what should be done: devolution, deregulation, and marketization. He believes that the people should be empowered to use the transportation system to make decisions. This includes giving public subsidies directly to those who need public transportation and road pricing. He maintains that there is no longer any reason to reserve so many transportation decisions to the government instead of letting the market sort them out.

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  • Corporate Authors:

    Urban Mobility Corporation

    1634 I Street, NW, Suite 500
    Washington, DC  United States  20006-4003
  • Authors:
    • Lang, A S
  • Publication Date: 2000-5

Language

  • English

Media Info

  • Pagination: 2 p.
  • Serial:
    • Innovation Briefs
    • Volume: 11
    • Issue Number: 3
    • Publisher: Urban Mobility Corporation
    • ISSN: 1071-393X

Subject/Index Terms

Filing Info

  • Accession Number: 00792358
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 16 2000 12:00AM