Capitalism!

September 9, 2009

Seen on JWZ’s Livejournal: “Why Delhi’s buses are so deadly: an economic analysis“.

At least 115 people were killed by Blueline buses in 2008. The Blueline’s grim numbers stem entirely from two perverse economic incentives: the driver’s salary is wholly dependant on how many fares he picks up, and each bus is in direct competition with every other bus on the route.

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