Monday, September 6, 2010

The Economic Benefits of Free Public Transport

Further Abstract: The Economic Benefits of Free Public Transport (Raphie de Santos) | Fptresearchgroup's Blog: "“Most of the arguments for free public transport (FPT) focus on the environmental benefits and the enrichment of people’s lives by allowing them to travel no matter their financial situation. However, it brings many economic benefits to wider society. For example, with vehicle traffic set to rise by 50% over the next 25 years and a corresponding doubling of the time commuters lose because of congestion, FPT would greatly reduce this lost time. The lost time that could be put to more socially useful purposes is just part of the gains of FPT.� Being caught in commuting traffic also creates the wrong frame of mind to tackle future tasks for the day – the multiple problems created by traffic chaos can be measured by the car commuter pain index in which London just ranks behind Madrid and Sao Paulo. FPT would greatly reduce this pain."

No comments: