National Bike Month is an opportunity to envision the post-car future. The reign of the auto is not inevitable, and it is likely not permanent.
Many places that have experimented with privatization have found that public services are actually more cost-efficient in the long run.
Simon Johnson, former chief economist of the International Monetary Fund, is a professor at the MIT Sloan School of Management, a senior fellow at the Peterson Institute for International Economics, and a member of the CBO’s Panel of Economic Advisers. He is a co-founder of The Baseline Scenario.