tag:blogger.com,1999:blog-15768887.post4721582973277365429..comments2024-03-09T18:57:10.942+13:00Comments on Liberty Scott: Northern Gateway should be soldLibertyscotthttp://www.blogger.com/profile/12741049550997300680noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-15768887.post-69385343359528096952011-05-05T21:26:40.770+12:002011-05-05T21:26:40.770+12:00First you're making some undeclared assumption...First you're making some undeclared assumptions here. One being that the owner will have unfettered right to charge whatever it chooses, as there would be an option to cap the toll. I wouldn't advocate that, but it could address the congestion issue (although it is likely to be somewhat self moderating - capacity on the Northern Gateway is substantial, and congestion on the coastal routeLibertyscotthttps://www.blogger.com/profile/12741049550997300680noreply@blogger.comtag:blogger.com,1999:blog-15768887.post-2904560385341086952011-04-30T02:23:51.635+12:002011-04-30T02:23:51.635+12:00Interesting but ultimately misguided post. You ne...Interesting but ultimately misguided post. You need to be careful with the application of you economic principles to transport - especially in the presence of congestion.<br /><br />The Northern Gateway should not be sold because microeconomic theory tells us that would be a bad idea. Why? Well when you have two parallel roads, one public (untolled) and one private (tolled), the private Money bagshttps://www.blogger.com/profile/09871564703234228644noreply@blogger.com