>Maximizing ticket revenue allows the system to offer better service for everyone who uses it
So only rich people will ride the subway but those who do will have a better experience?
> To the extent that people are priced out at the margin, that can be addressed through targeted subsidies (or guaranteed minimum income).
Please provide examples of this working in practice.
It doesn't seem to work for healthcare, education, etc.
The places with "good" healthcare, education, transportation, internet, etc, don't make it expensive and then hand out vouchers to poor people. They make it free or so cheap everyone can afford it.
> So only rich people will ride the subway but those who do will have a better experience?
Most people can afford a $5 subway ticket.
> Please provide examples of this working in practice.
London Tube fares range from 2.4 to 5.1 pounds. That’s $3.50-$8.00 using typical exchange rates, versus just $2.75 for the NYC metro. Somehow non-rich people in London manage.
So only rich people will ride the subway but those who do will have a better experience?
> To the extent that people are priced out at the margin, that can be addressed through targeted subsidies (or guaranteed minimum income).
Please provide examples of this working in practice.
It doesn't seem to work for healthcare, education, etc.
The places with "good" healthcare, education, transportation, internet, etc, don't make it expensive and then hand out vouchers to poor people. They make it free or so cheap everyone can afford it.