Category Archives: Transportation

Virginia Toll Projects and “Loss Aversion”

In his book, “Thinking, Fast and Slow,” psychologist and Nobel Prize winner in economics Daniel Kahneman describes the phenomena of “loss aversion” and “reference points.” These deeply embedded cognitive quirks, which had survival value for hunter-gatherers, pose dilemmas for politicians … Continue reading

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Taxes or User Fees to Pay for our Roads?

It’s time Virginians learn the difference between taxes and user fees. Gov. Bob McDonnell has forced the issue by proposing to boost spending for Virginia roads by diverting more money from the General Fund. In so doing, the governor would … Continue reading

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Future of Tolling at Stake in Highway Reauthorization

As Virginia tries to tackle its growing traffic congestion problems, some are looking to Congress to bring more money to the table.  Bob Poole’s article below outlines what is likely to happen in Congress and how toll roads will become … Continue reading

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The Great MWAA Bait and Switch

The Metropolitan Washington Airports Authority (MWAA) seems to think the people of the region and their elected officials have either short or poor memories.  MWAA’s attempt to shift the $300 million cost of an underground rail station at Washington Dulles … Continue reading

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The Great MWAA Bait and Switch

The Metropolitan Washington Airports Authority (MWAA) seems to think the people of the region and their elected officials have either short or poor memories.  MWAA’s attempt to shift the $300 million cost of an underground rail station at Washington Dulles … Continue reading

Posted in Transportation | Comments Off on The Great MWAA Bait and Switch