London Banter - View Single Post - Why do people live so far from their work?

Matthew Malthouse · September 18th 03, 08:26 AM posted to uk.transport.london

On 17 Sep 2003 18:55:03 -0700 Paul Weaver wrote:
} wrote in message ...
} Paul Weaver wrote:
} 1) I pay a fair price for transport
}
} Do the people who bear the costs of your transport
} receive the money? If so, do they consider the
} money a fair price? Did they even want to make the
} transaction?
}
} The price that is charged and accepted is a fiar price to both the
} provider of the service and the consumer of the service (otherwise
} there is no transaction).

That a transaction takes place is not in itself sufficient evidence that
it is equitable when there is no choice.

In transport many routes are effective monopolies: you pay what is
demanded not what your journey actually costs the provider.

Matthew
--
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ya woh jagah batá dé jahán Khudá na ho.
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