Saturday, August 27, 2016
The Straits Times: "Public transport, for example, is a necessary expenditure for the almost 60 per cent of households without a car. The adults need to get to work and the kids need to get to school, and walking or cycling are rarely feasible options. While the Government already subsidises transportation costs and invests billions in infrastructure, I think policymakers could consider gradually increasing subsidies further so that the real, inflation-adjusted costs to commuters fall over time, to the point where they might eventually become free (or practically free). Such a move may be considered by some to be radical. However, I think there is a strong moral and economic case for it."
at 7:57 AM