PSA: Deboonking the Traffic Soyboys Part 10 – “Induced Demand” is not “Proportionally Induced Demand”, and Yes, Build More Roads

All the way back in the very first piece I mentioned the term “induced demand,” and how it shows the superficiality of the knowledge of the Traffic Troons. I was considering leaving it at that, but they use and abuse this term enough to put anyone into a homicidal rage, especially since they don’t appear to have ever heard of the economics terms “latent demand” or “elasticity of demand.” Don’t take my word for it, look up “Induced Demand,” on YouTube and you’ll find an entire realm of snarky midwits ready to mindlessly repeat the same annoying garbage about how … Continue reading PSA: Deboonking the Traffic Soyboys Part 10 – “Induced Demand” is not “Proportionally Induced Demand”, and Yes, Build More Roads