Congestion pricing was designed to finance more than $15 billion in critical transit upgrades in New York City. Those investments will take years. But the parallel changes at street level are already apparent. Here’s what we know so far. nyti.ms/4mbuGg0

An analysis of the first 2 months of New York City's congestion pricing policy shows that road speeds increased and emissions decreased inside and out of the congestion zone, from Cook, Kreidieh, Vasserman, Allcott, Arora, van Sambeek, Tomkins, and Turkel https://www.nber.org/papers/w33584

New NBER paper shows dramatic effects of NYC's congestion pricing in contrast with a set of control cities: A large reduction in travel times on roadways—average speeds increased by 15%—combined with a substantial reduction in vehicular emissions. www.nber.org/system/files...

A terrific contribution to the growing discourse on building more by @briancdeese.bsky.social. His discussion of a "infrastructure-industrial complex" resonates w/ me having tried but large failed to nibble around the edges of it during the Obama infra bill. www.foreignaffairs.com/united-state...

New from me - is it possible we are actually at peak populism? This post is an exercise in working through a scenario - I may very well be wrong. But also, outside of America, I think something is shifting. Because of America. 1/n

benansell.substack.com/p/twilight-o...

Complexity really does matter. People know they're likely to make mistakes-- evne if they *can* do math. (Econ theorists know this very well!) And if something is complex, someone can fool you more easily.