Best Business Commentary

“Congestion pricing works," so why don’t our airports use it? says Steven Pearlstein in The Washington Post. Can’t anyone make Internet telephony profitable? says Fortune’s Yi-Wyn Yen in CNNMoney.com.

Who killed congestion pricing?

“Congestion pricing works," so why don’t our airports use it? says Steven Pearlstein in The Washington Post. It’s basic economics: if you charge airlines a premium to use runways at peak times, it creates incentives to rid airports of congestion that costs us “an estimated $9 billion a year in wasted time and money.” Thirty years after this “simple and sensible solution” was proposed, a cast from “a classic Agatha Christie mystery” has conspired to kill it: airlines, private pilots, corporate jet users, airport operators, members of Congress. The culprits each have their reason, but their real victim is “the traveling public.”

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