The Economics of Bike Lanes
Love it when you can put an economy tag on bike lanes. Seriously. Rock star parking is the best feature of cycling and it helps when I can take a bike lane there.
Greg Ip, US economics editor with “The Economist” puts it this way: “Just as you are more likely to buy an Ipad the more applications it has, you are more likely to switch from car to bicycle the more bicycle lanes (and therefore destinations reachable by bicycle) are available. Doubling the number of bike lanes more than doubles the number of cyclists likely to use them.” They are both absolutely right – I’ve missed this point.