Road socialism |
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Authors: | Walter Block |
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Institution: | (1) Economics Department, College of the Holy Cross, 01610 Worcester, MA |
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Abstract: | Road socialists maintain that government is the best manager for the nation's vehicular transportation arteries. Contrary to their views, the present author maintains that the managerial role can best be fulfilled by private entrepreneurs. Under highway privatization, he claims, traffic fatalities and automobile congestion will be sharply reduced.The author wishes to thank the North American Editor of Transport Policy, and an anonymous referee from the present journal, for helpful suggestions and commentary on an earlier draft of this paper. |
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Keywords: | managerial economics highways deaths entrepreneurship privatization omitted variables |
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