Tuesday, March 10, 2009

Finns have serious traffic fines.

http://www.globalmotors.net/finnish-millionaire-gets-111888-euro-speeding-ticket/

OMG. That is about $200,000US for going about 30kph over the speed limit!

Though not popular, MORE traffic cops would deter speeding.
The odds of getting caught plus the punishment would deter.
Right now, people gamble.

Given that accidents are hugely costly to society, and represent a negative externality the driver does not pay, this merely evens the finances.

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