Professor Mark J. Perry's Blog for Economics and Finance
George Mason economist Don Boudreaux has a commentary in today's Pittsburgh Tribune-Review about spontaneous order.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
5 Comments:
Fascinating! It makes total sense. How brave of them to give it a try. Wish something like that would happen in North America. K
How could you tell if they did away with stop signs? People don't stop now.
Blinkers have been eliminated also. It's difficult to drink coffee, eat a sandwich, and talk on a cell phone all at once. Maybe they need voice-commanded blinkers?
Here's the latest roundabout coming to Mid-Michigan. Try this link http://www.michigan.gov/documents/MDOT_M-81_I-75_interchange_rendering_1_155180_7.pdf
Anonymous,
The link doesn't work.
Is something missing?
Anyone who as traveled in the lesser developed countries in SE Asia (Vietnam, Cambodia, Thailand), has already experienced this type of traffic (non)control. It can be nerve-racking or terrifying to those of not used to it, but it is quite effective, keeps traffic moving, and although you would expect accidents everywhere, I rarely saw them.
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