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Media monitor: Issue 471 21 Jun 2007

'Undercover' economist backs road pricing

A book currently on the amazon.co.uk best seller list, The Undercover Economist, contains a chapter on road pricing that strongly supports the principle. The book, written by Financial Times journalist Tim Harford, sets out to explain basic economic principles to the general reader. "Why did I spend two hours stuck in traffic on the way to work this morning?" Harford asks rhetorically. "The bumper-to-bumper traffic was a stupid waste. All of us could have been taking buses, or...

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