Anthony Downs

#3,176
Most Influential Person

American economist

Why Is Anthony Downs Influential?

According to Wikipedia, Anthony Downs was an American economist specializing in public policy and public administration. His research focuses included political choice theory, rent control, affordable housing, and transportation economics. He wrote a number of books including, An Economic Theory of Democracy and Inside Bureaucracy , which have been major influences on the public choice school of political economy. In Downs's Law of Peak-Hour Traffic Congestion , he accurately predicted that expanding expressways could not reduce traffic congestion, since demand would increase as well, and that reducing speeds increases capacity.

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