Thursday, July 22, 2010

At Any Cost? The hidden costs of charging for public transport | World Streets / Open Edition

At Any Cost? The hidden costs of charging for public transport | World Streets / Open Edition: "In this article I have shown that over 45 million € per year is wasted on the fare-system in the public transport in Stockholm, and this is not counting negative externalities such as queues, more people driving cars, unsatisfied costumers, violence, etc. 45 million € is around 10 percent of the total income from selling tickets in Stockholm, but that is obviously “not even worth counting” according to the public transport operator. Talk about disrespect for how they use the commuters hard-earned money!"