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Vickrey Turnstile
Subways get crowded, planes over-booked and roads congested. Back in the 1950s, an economist proposed a solution to these problems that worked well in theory but was never built.
Subways get crowded, aeroplanes over-booked and roads congested. Back in the 1950s, a future Nobel laureate suggested a solution to these problems that worked well in theory but was unpalatable to the decision-makers of the day. Was he impractical, asks Tim Harford, or was he ahead of his time?
Producer: Ben Crighton
Editor: Richard Vadon
Last on
Fri 23 Oct 202023:30
BBC Radio 4

