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Things That Made the Modern Economy

Series 2

Vickrey Turnstile

Duration: 14 minutes

First broadcast: on BBC Radio 4 FMLatest broadcast: on BBC Radio 4 LW

Available for over a year

Subways get crowded, aeroplanes over-booked and roads congested. Back in the 1950s, a future Nobel laureate suggested a solution to these problems that worked well in theory but was unpalatable to the decision-makers of the day. Was he impractical, asks Tim Harford, or was he ahead of his time?

Producer: Ben Crighton
Editor: Richard Vadon Show less

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