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Freakonomics Radio

513. Should Public Transit Be Free? (Update)

Nov 30, 2023
Brian Taylor, a UCLA urban planning professor, Janno Lieber, CEO of New York's MTA, and Michelle Wu, the Mayor of Boston, discuss the future of public transit. They debate the complex question of making public transportation free, detailing its potential to enhance economic opportunity and social mobility while benefiting the environment. Insights include the impact of fare-free systems on ridership, equity, and innovative funding solutions. The conversation challenges traditional views on transportation financing and sheds light on efforts toward climate justice.
56:10

Podcast summary created with Snipd AI

Quick takeaways

  • Public transit is vital for environmental sustainability, economic opportunity, and social mobility.
  • Free public transit can promote economic mobility, racial equity, and climate justice.

Deep dives

The Importance of Public Transit in New York City

Jan O'Lebre, chair and CEO of the MTA in New York City, highlights the significance of public transit in the city. The MTA operates the subways, buses, commuter railroads, and bridges/tunnels. New York transit is priced between 10-15% the cost of owning a car, making it affordable for many residents. Before COVID, the subway system had 5.5 million weekday riders and an additional 2 million on buses. While only 25% of the MTA's budget comes from fares, public transit is seen as vital for environmental sustainability, economic opportunity, and social mobility.

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