1335:"In Russia communism's failure was epitomized by constant shortages in stores. Empty shelves in supermarkets and department stores and customers in line, wasting hours each week, became the face of the system's failure, as well as a source of huge personal frustration, even rage. Communism failed because prices were not flexible to match supply and demand; because stores were bureaucracies, not businesses; and because revenues went into a central treasury and did not fuel increased capacity and improved service. We in supposedly capitalistic America suffer communism--an unpriced service provided by an unresponsive monopolistic bureaucracy--on most of our highways. Our manifestation of shortage, our equivalent of Russian lines at stores, is daily highway backups. There is no price on rush-hour travel to clear the market. There is no revenue stream directly from road users to road managers to provide incentives either to manage existing capacity to maximum consumer advantage or to adjust capacity to demand."
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Women may walk alone with perfect confidence on our thoroughfares." A criminal, forbidden to use any city street because all the street corporations knew of his bad reputation, would have a hard time even getting anywhere to commit a crime. On the other hand, the private street companies would have no interest in regulating the dress, "morals," habits, or lifestyle of the people who used their streets. For instance, they wouldn't want to drive away customers by arresting or badgering hippies, girls in see-through blouses or topless bathing suits or any other non-aggressive deviation from the value standards of the majority. All they would ask is that each customer pay his dime-a-day and refrain from initiating force, obstructing traffic, and driving away other customers. Other than this, his life-style and moral code would be of no interest to them; they would treat him courteously and solicit his business.
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1407:. He says that the cost of transportation increases disproportionately with the size of a firm; he believes that in a free market, there would be strict upper limits to the size and power of corporations, and small businesses would have natural advantages. He continues by arguing that government subsidies to transportation, however, make large, centralized corporations artificially profitable, contributing to corporate dominance of the economy.
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1440:(in the case of franchised publicly owned roads) and/or savings of public capital costs, can offset the resulting monopoly profits in terms of societal costs, but there are distributional issues in that the income is spread over an entire region while the burden falls on a small subset of that region's population who actually need to use the road. Also, it is difficult to predict the long term
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A private corporation which owned streets would make a point of keeping its streets free of drunks, hoodlums, and any other such annoying menaces, hiring private guards to do so if necessary. It might even advertise, "Thru-Way
Corporation's streets are guaranteed safe at any hour of the day or night.
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associated with charging for entry to roads. These include explicit costs like the building of toll booths and paying guards and other associated personnel, as well as implicit costs like wait times and mental processing costs. Especially for smaller roads these transaction costs would make
1424:. Kroeger claims, "This would result in an incredibly inefficient use of land resources." When there is only one highway connecting points A and B, the main advantage of privatization, competition, disappears. In the absence of
1315:- in this case, a shortage of roads, lanes, exits, or other infrastructure. Seeing the pricing mechanism of a free market as a more efficient means of meeting demand than government planning (see
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A counter-argument is that while a lone highway connecting A to B may not have any other competition from other highways, it would still have to compete with trains, planes, and other roads.
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argues that when roads are privately owned, local residents will be better able to prevent crime by exercising their right to ask miscreants to leave. He observes that avenues in the
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1389:. If most people would not want to share a road with a certain group of people, it would be economically beneficial for the company to discriminate against those people.
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Levinson, David; Odlyzko, Andrew (2008-03-06). "Too expensive to meter: the influence of transaction costs in transportation and communication".
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originally built with public funds) was leased for three billion CAD and was subsequently valued at nearly ten billion CAD. While alternate
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and other forms of transportation may provide some competition, it is often impractical, especially for goods.
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Xiao, Feng; Yang, Hai; Han, Deren (March 2007). "Competition and efficiency of private toll roads".
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Philosophical
Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences
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is the result of excess demand for transportation infrastructure, it may be treated as any other
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1708:"The Distorting Effects of Transportation Subsidies | the Freeman | Ideas on Liberty"
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privatisation undesirable, as it is unlikely for the benefits to outweigh the possible costs.
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has been cited by proponents such as Murray
Rothbard as a reason for privatizing roads: since
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Insufficient competition between private roads could however lead to oligopoly or even
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Libertarian
Solutions: Private highways: A solution whose time has come (again)?
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is the idea that it is possible and desirable for a society to have entirely
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To Serve and
Protect: Privatization and Community in Criminal Justice
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The
Privatization of Roads and Highways: Human and Economic Factors
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Free-market roads and infrastructure are generally advocated by
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1347:"Privatization will encourage better infrastructure management"
29:
1734:"Government Bureaucratic Waste vs. Private Sector Efficiency"
1299:"Private roads can have no free riders, reducing congestion"
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One criticism of this argument is that it ignores possible
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Highway
Aggravation: The Case for Privatizing the Highways
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Highway
Aggravation: The Case for Privatizing the Highways
1691:"Chapter Two: A Literature Survey on Economy of Scale"
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1989:
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60:. Unsourced material may be challenged and removed.
1514:For a new liberty : the libertarian manifesto
1393:"Free market roads will encourage small business"
1428:, a private highway could charge an exorbitant
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1578:Transportation Research Part B: Methodological
1566:, Cato Policy Analysis No. 231, June 27, 1995.
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1463:"Transaction costs can outweigh benefits"
1436:and few benefits for drivers. An initial
120:Learn how and when to remove this message
1403:argues that transportation is a natural
1359:"Free market roads will have less crime"
276:Free association (Marxism and anarchism)
1503:
143:
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7:
1416:"Roads are often natural monopolies"
1118:Libertarianism in the United Kingdom
58:adding citations to reliable sources
2517:Libertarianism in the United States
1467:As with any transaction, there are
1411:Arguments against free market roads
1123:Libertarianism in the United States
2393:The Problem of Political Authority
1751:Alexander, Doug (5 October 2010).
25:
2172:Title-transfer theory of contract
543:Anarcho-capitalism and minarchism
1980:
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1696:– via members.tripod.com.
1294:Arguments for free market roads
401:Natural rights and legal rights
45:needs additional citations for
27:Concept promoting private roads
2373:The Myth of the Rational Voter
2363:Democracy: The God That Failed
1610:Klein, Daniel (January 1998).
1448:(an express toll highway near
1113:Libertarianism in South Africa
1028:Center for Libertarian Studies
1:
1319:), Peter Samuel, in his book
231:Decriminalization of sex work
1918:Austrian school of economics
1668:. p. 61. Archived from
1444:of a road. For example, the
1317:Economic calculation problem
1063:Freeman on the land movement
386:Libertarianism (metaphysics)
291:Free-market environmentalism
1108:Libertarian science fiction
2589:
2333:Defending the Undefendable
1933:Subjective theory of value
1789:Ludwig von Mises Institute
1662:Tannehill, Linda; Morris.
1618:December 15, 2006, at the
1519:Ludwig von Mises Institute
1517:(epub ed.). 504/897:
1143:Sovereign citizen movement
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1978:
1637:New York University Press
1631:Benson, Bruce L. (1998).
1590:10.1016/j.trb.2006.05.002
1511:Rothbard, Murray (1973).
1170:Libertarianism portal
2323:The Machinery of Freedom
2093:Non-aggression principle
2066:Jurisdictional arbitrage
1960:Labor theory of property
1548:: CS1 maint: location (
1277:The Machinery of Freedom
1088:Libertarian conservatism
511:Workers' self-management
411:Non-aggression principle
1972:Individualist anarchism
1387:consumer discrimination
1103:Libertarian Republicans
421:Participatory economics
266:Expropriative anarchism
2303:The Market for Liberty
1824:10.1098/rsta.2008.0022
1665:The Market for Liberty
1383:
1373:The Market for Liberty
1267:The Market for Liberty
1043:Conscientious objector
426:Propaganda of the deed
376:Individual reclamation
371:Individualist feminism
331:Freedom of information
311:Freedom of association
271:Federalism (anarchist)
2447:Intellectual property
2343:The Ethics of Liberty
1950:French Liberal School
1492:Transit privatization
1331:grocery store lines:
1098:Libertarian socialism
1093:Libertarian Democrats
1023:Austro-libertarianism
941:Historical background
568:Intellectual property
496:Voluntary association
321:Freedom of conscience
176:Anti-authoritarianism
171:Age of consent reform
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2507:Paleo-libertarianism
2353:To Serve and Protect
2006:Corporate governance
1945:Classical liberalism
1432:, resulting in huge
1323:, compares American
1182:Anarchism portal
1148:Technolibertarianism
1133:Public choice theory
1083:Green libertarianism
1038:Classical liberalism
1033:Civil libertarianism
949:Age of Enlightenment
558:Foreign intervention
406:Night-watchman state
54:improve this article
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2056:Freedom of contract
2031:Economic liberalism
1955:Homestead principle
1928:School of Salamanca
1816:2008RSPTA.366.2033L
1810:(1872): 2033–2046.
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1194:Politics portal
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356:Homestead principle
336:Freedom of religion
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241:Drug liberalization
69:"Free-market roads"
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2422:Capital punishment
2383:The Voluntary City
2223:Hans-Hermann Hoppe
1899:Anarcho-capitalism
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1305:free rider problem
1287:The Voluntary City
1244:anarcho-capitalist
548:Capital punishment
538:Affirmative action
451:Right to sexuality
431:Property is theft!
346:Freedom of thought
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2313:For a New Liberty
2218:David D. Friedman
2167:Spontaneous order
2157:Right to property
2046:Free-market roads
2011:Counter-economics
1469:transaction costs
1313:economic shortage
1272:David D. Friedman
1253:For a New Liberty
1246:works, including
1233:Free-market roads
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1073:Geolibertarianism
1048:Constitutionalism
1003:Anti-collectivism
908:National variants
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476:Spontaneous order
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1639:. p. 159.
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71: –
70:
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65:Find sources:
59:
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49:
48:
43:This article
41:
37:
32:
31:
19:
2391:
2381:
2371:
2361:
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2321:
2311:
2301:
2263:Lew Rockwell
2248:Javier Milei
2208:Gerard Casey
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2198:Walter Block
2177:Voluntaryism
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2119:Intelligence
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2045:
2026:Deregulation
2001:Civil rights
1996:Anti-statism
1833:11299/179974
1807:
1803:
1797:
1783:
1773:
1761:. Retrieved
1756:
1746:
1737:
1727:
1716:. Retrieved
1712:the original
1702:
1685:
1674:. Retrieved
1670:the original
1664:
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1632:
1626:
1606:
1581:
1577:
1571:
1558:
1532:. Retrieved
1513:
1506:
1487:Private road
1466:
1458:
1419:
1401:Kevin Carson
1396:
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1379:
1371:
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116:
107:
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90:
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76:
64:
52:Please help
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44:
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1759:. Bloomberg
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1454:local roads
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840:Politicians
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261:Evictionism
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110:August 2012
2547:Categories
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2051:Free trade
1718:2011-05-27
1676:2010-04-20
1498:References
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964:Liberalism
466:Single tax
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301:Free trade
161:Abstention
80:newspapers
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1738:Daily Kos
1598:0191-2615
1544:cite book
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1781:(2009).
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773:Rothbard
763:Bookchin
743:Paterson
688:Proudhon
663:Hodgskin
633:Franklin
533:Abortion
391:Localism
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137:a series
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1812:Bibcode
1450:Toronto
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886:Johnson
846:Bastiat
828:Brennan
803:Van Dun
778:Chomsky
728:Goldman
713:Herbert
708:Spencer
703:Thoreau
698:Bakunin
693:Andrews
683:Spooner
678:Stirner
673:Emerson
653:Bentham
381:Liberty
94:scholar
2405:Issues
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2377:(2007)
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1258:Morris
896:Hannan
823:Huemer
808:Konkin
788:Machan
783:Nozick
733:Gandhi
718:George
668:Warren
658:Godwin
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82:
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67:
2296:Works
1854:S2CID
1694:(PDF)
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891:Milei
856:Acton
813:Hoppe
793:Block
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738:Mises
643:Paine
638:Burke
628:Locke
101:JSTOR
87:books
2115:list
2107:Army
1846:PMID
1838:ISSN
1765:2013
1594:ISSN
1550:link
1536:2017
1523:ISBN
1327:and
1303:The
1260:and
876:Paul
768:Hess
753:Rand
73:news
2117:),
1828:hdl
1820:doi
1808:366
1586:doi
1284:'s
1274:'s
1264:'s
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