Paying for Traffic

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Matt Yglesias links to an IBM survey asking people how much they’d be willing to pay to shave 15 minutes off their daily commute, and concludes that most people would consider $10 a pretty good deal.  James Joyner, who commutes 45 minutes to work each day, is skeptical.  “I simply don’t believe the numbers,” he says.

I commute about 30 seconds each day, so I don’t really have a personal opinion about this.  But here’s a data point.  A few years ago a toll road company opened up a highway that slashed the commute time coming in to Irvine from Riverside County.  A few of my coworkers who lived up there were ecstatic: it would cut their travel time by upwards of 45 minutes each way, they said.

Now, they might have been exaggerating.  Maybe it was more like 30 minutes.  But the price of the toll road at rush hour is only about $4, and since the toll folks could charge more if they wanted to, this is presumably the fee that maximizes their revenue.  If it really saves 30 minutes compared to taking the nearest freeway, it values commute time at roughly $8 per hour.

This is just one data point, and I don’t know for sure how good a substitute the new toll road is for the existing freeways in the area.  It’s not a bad one, though.  And surely there are plenty of other examples like this, where a toll road roughly parallels a free road, which gives you a good idea of how much people are willing to pay in real life to avoid crawling in traffic.  That seems like a much better way of collecting this data than taking a survey.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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