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04/21/2008

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Posner laments the FAA not being able to cram more flights into the popular hours at the busiest airports. But there is a "market based" solution to that problem; dereg the airports and let them charge more for the time slots popular with road warriors, and let the pleasure traveler pay a bit less for off-peak hours........... "the market" let it work!

Perhaps it's time to discuss one of the root causes of airline congestion and I'd put forth that much of it is due to the US being tragically behind on building fast passenger trains in our most crowded corridors. Full trains will move a passenger 600 miles on a single gallon of diesel. But it's not likely that "the market" will begin to build a network of rails without a decision of the people and incentives from their government.

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