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Editorial
Congestion
Pricing
By Martin Harris
One
of the few role-of-government subjects on which Left and Right don’t disagree
too much is road construction: in a weird but fascinating mix of economics,
politics, and engineering, governments at all levels are in the road business.
The pattern was established, at the national level, by the Jefferson administration,
for the Cumberland Road or National Turnpike, from –guess where-- Cumberland,
MD, westward to Vandalia IL. Construction started in 1811 and ended in
1838 when further extensions were ruled out by Congress. It was state-of-the-art
engineering-wise, with masonry-arch stream bridges and macadam pavement,
and economics-politics-wise with user-fee funding, which is why it was
called a "turnpike". To gain the economic benefit of using the road, you
paid a toll, and the barrier pike was turned to grant you access. (Unlike
the Boston subways in the ‘70’s, there was no extra toll for leaving, but
that’s another story.)
Toll highways fell out of
political favor in the mid-19th century as first canals and
then railroads, both user-fee enterprises, took precedence on efficiency
grounds, and by mid-20th century only major bridges –Golden
Gate and George Washington, for example—and a few highways –New Jersey
and Pennsylvania Turnpikes, for example— were financially based on tolls,
and all the rest were user-fee-funded only in the sense that fuel taxes
went into a Highway Trust Fund for spending only (well, they’ve been raided
from time to time) for construction and maintenance. The Interstate Highway
System, built mostly in the ‘60’s, was mostly toll-free, but now, user-funding
has new appeal, along with its new name: Congestion Pricing. Prime example:
the Dulles Greenway and Toll Roads, high-speed connector between the District
of Columbia and the International Airport. Users pay the toll because,
in their personal calculus, time is money. Actually, for all highway users,
time has always equated to money, which is why they’ve been paying tolls
since Cumberland Road days, or pressuring their politicians to give them
"free" roads paid for mostly by somebody else.
And actually, time equates
to money for folks not in a vehicle, as the little Congestion Pricing trick
used by Tennessee illustrates: you can pay $24 to register your personal
vehicle in person, or you can spend an extra dollar for the privilege of
sending in your registration by mail, and not standing in line at the county
courthouse.
The Volunteer State practice
notwithstanding, Congestion Pricing is usually based on vehicular traffic
and two related functions: one is the use of extra expense to discourage
vehicles from using some part of a road or street system which is already
over-crowded, and the other is to fund construction from user fees from
which only the users benefit. It usually takes the form of a toll, from
the fee charged for vehicles entering a core area of downtown London to
the fee charged for use, of, say, New York City’s Holland Tunnel.
Since this is an opinion
piece, here’s my opinion: Congestion Pricing is just as applicable in small
towns like Middlebury as it is in large cities like London (5 pounds entry
fee at all times) or Stockholm (2- kronor during rush hours, 10 kronor
off-peak) and, in fact, Middlebury already practices a form of Congestion
Pricing: you can park your vehicle near your downtown destination and feed
the parking meter, or you can park more remotely for free and spend time
instead of money walking.
I’d argue the applicability
of the Congestion Pricing principle to two Middlebury traffic problems:
one is the long-discussed in-town bridge, and the other is the never-discussed
(except in a column by this writer in Middlebury’s "other newspaper" a
quarter-century ago) subject of the merits of a Route 7 tunnel under downtown
Middlebury for the convenience of the substantial fraction of that traffic
whose only interest in Middlebury is how easily they can get through it
and out the other side, and would pay a convenience fee for easier and
faster passage.
Martin Harris is a former
Chairman of Citizens for Property Rights.
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