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Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.
"A strong conviction that something must be done is the parent of many bad measures."
-- Daniel Webster
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Wednesday, May 24, 2006 :::
If I understand correctly, Aaron Margolis thinks that a 40% cut in subway fares would increase ridership so much that the MBTA would lose less money than it currently does. I don't think that's likely; a look at the very similar numbers for ridership on the various lines in FY2003 [PDF] and 2004, half-way through which there was a 25% fare hike, suggests that even if the hike cost the system riders, it certainly didn't cut ridership by 20%.
As he says, though, boycotting the T for a day to protest a fare hike isn't likely to accomplish much. Avoiding the T on an ongoing basis in response to a fare hike would make more sense. Of course, the word "boycott" would seem a bit odd to describe a reduction of consumption in response to an increase in price. The term "functioning market" seems apropos.
::: posted by Steven at 10:48 PM
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