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Andrew Coyne gave a lecture at Simon Fraser University on February 25, 2014, on a unified approach to pricing cars and transit. Transit advocates commonly suppose that subsidizing transit more heavily will induce more people to give up their cars, thus alleviating congestion. The evidence for this is scant, while a better solution is at hand: pricing roads. Not only would road tolls automatically make transit more competitive with cars, but surface transit users would also benefit from the faster traffic flows that result. Pricing road use is the only effective way to induce people to drive less: indeed, as road use is at present rationed by time rather than money, other proposed methods (e.g., wider roads, carpooling, synchronized lights, etc.,) end up inducing people to drive more, since they reduce the time-price of using the roads. Put the revenues from road tolls toward subsidizing transit? No: subsidized transit suffers from much the same defects as subsidized roads—both mask the real price of resource use, and both encourage sprawl. Moreover, to the extent subsidies make transit less dependent on riders for revenues, they lessen incentives to innovate and improve service. About Andrew Coyne: Andrew Coyne is a national columnist for Postmedia/National Post and has been a regular contributor to The National's At Issue panel since 2005. Raised in Winnipeg, he went on to study at the London School of Economics and is a fellow of the School of Public Policy and Governance at the University of Toronto. Over the past two decades he has been an editorial writer and columnist for The National Post and The Globe and Mail. He has also contributed to a number of other publications including The New York Times, National Review, Time and The Wall Street Journal. Andrew has won two National Newspaper Awards and the Hyman Solomon Award for Excellence in Public Policy Journalism. Learn more about SFU City Program certificates for mid-career professionals: URBAN DESIGN CERTIFICATE www.sfu.ca/urban-design