Recent Blog Posts
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The $4.5 Billion Dollar Bank Run
Nov 07 201111:20 am EDT -
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT
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- Dan Gross
Jan 06 2008 12:00am EDT
Against Traffic Lights
Roundabouts (traffic circles) are great. But traffic can be astonishingly good at navigating busy intersections even in their absence, and even without traffic lights. The point is that the absence of any traffic lights forces drivers to slow down and use common sense. Meanwhile, the existence of traffic lights can simply encourage drivers to speed up.
Hanoi:
India:
St Petersburg:
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