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2min chapter
Alain Bertaud on Cities, Markets, and People
Conversations with Tyler
Is Congestion Pricing a Good Idea or a Bad Idea?
The Chinese have a permit system, hooku system. It keeps people out of cities, but at the same time they pay penalties in terms of benefits and schools for their children. I don't think it's the equivalent of a congestion tax because it doesn't prevent people from coming to cities. The Chinese economy in the city is working based on people not having hookah. If all the people having hookah were kicked out and pushed back in the way they belong in the countryside, the Chinese economy will collapse.
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