In an article titled Why driverless cars may mean traffic jams tomorrow, The Economist (January 20, 2018) cites research by Brown's Matthew Turner and co-author Gilles Duranton of the University of Pennsylvania as identifying a "fundamental law of road congestion," to wit: building more highways attracts more driving and drivers, thus failing to alleviate congestion. "The technology of driverless cars may make us safer and more productive, but not necessarily less traffic-bound", states The Economist.
Please join us on Wednesday, October 10 at 4pm for the Bernard I. Fain Lecture titled “How Inequality Harms the Wealthy”, delivered by Robert H. Frank, the Henrietta Johnson Louis Professor of Management and Professor of Economics at Cornell University. The event will be held at 85 Waterman Street, Room 130 and is co-sponsored by the James M. and Cathleen D. Stone Wealth and Inequality Project, the Department of Economics, and the Watson Institute for International and Public Affairs. The Fain Lecture honors the memory of Bernard I. Fain, a member of the Brown University class of 1952.