Today will be one of the busiest days of the year for Washington�s Metro system, which will handle the bulk of the traffic going to and from President Bush�s inauguration. Previous inaugurals have set one-day records for those years. Yet despite the surge in demand and the taxing of Metro resources, subway fares are actually being reduced for today. Metro�s traditional pricing structure�strictly controlled by the inter-government board that runs the system�charges higher fares during the morning and afternoon rush hours. Today, however, Metro will charge �off peak� fares all day, an odd statement given that an inauguration is about as �peak� a day as the system can experience.
Source link: http://blog.mises.org/2994/inaugural-economics/
Inaugural Economics
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Maybe the transportation board had other goals in mind, besides maximizing revenue. Such as keeping as many people off the roads as possible.
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