No place for wisdom where politics, economics intersect
“DWARD GLAESER is right that “a smart transportation policy would recognize the wisdom of using our existing infrastructure more efficiently, with the help of congestion pricing, rather than building more roads,’’ and that politicians don’t seem to be wise. But the current political system is such that politicians don’t have to be wise. In fact, wisdom is what would harm their political dividends because it would bring economic responsibility to citizens that they don’t want to face.”
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