Comments on economics, mystery fiction, drama, and art.

Friday, June 16, 2006

More on the Toll Road

There's an extended discussion of issues surrounding the lease of the Indiana Toll Road over at Angry Bear (and scroll down a bit); I've commented there.

One thing I'd note here is that the lessors of the Toll Road have the right to raise tolls by 2% per year beginning in (as I recall) 2010. Those are nominal increases. Anybody think the rate of inflation's going to remain below 2% for the long haul?

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