Ep#1 New York City Congestion Pricing With Prof. Gian Luca Clementi

Ep#1 New York City Congestion Pricing With Prof. Gian Luca Clementi

Starting today (Jan 5, 2025), New York City has introduced congestion pricing in parts of Manhattan. Prof. Gian Luca Clementi explains why, contrary to popular opinion, funding the MTA and subway repairs is not the main motivator for this plan. We discuss the politics, economics, and the second- and third-order effects of this first-of-its-kind public policy in the U.S.