Matt Yglesias @ Slate: Taxi Wars in South Africa: “this story out of South Africa where rival cab associations shoot it out in the streets is reminder that socially functional capitalist competition is a particular kind of thing:”

via Tim de Chant @ Per Square Mile: Image: Twitter Trips by Eric Fischer on Flickr:

Keith Laing @ The Hill: CBO reports highway trust fund headed for bankruptcy in 2014: “The CBO released a report Tuesday that predicted the deficit will rise to $1.08 trillion in 2012. Under its calculations, the highway trust fund, which funds road projects using collections from the federal gas tax, will be running on empty just two years after that. “