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The Privatization of Roads and Highways - Ludwig von Mises Institute

The Privatization of Roads and Highways - Ludwig von Mises Institute

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Foreword xi<br />

network management provider, would there be any possibility <strong>of</strong><br />

an electronic record <strong>of</strong> your whereabouts. And there would be a<br />

market even for this—for example, many young, single women,<br />

such as college students <strong>and</strong> young pr<strong>of</strong>essionals, might desire<br />

that someone, somehow can always find out where they are.<br />

But all these issues are concerns <strong>of</strong> mere technology. New<br />

products, services, <strong>and</strong> capabilities that flow from the digital revolution<br />

can make our lives more convenient <strong>and</strong> comfortable, but<br />

only if we’re allowed to use them. <strong>The</strong> most important point here<br />

is that the facts <strong>of</strong> human life that recommend road privatization<br />

have nothing to do with technology. <strong>The</strong>y arise from human<br />

nature—from the fact that we have unlimited needs <strong>and</strong> wants,<br />

<strong>and</strong> prefer to act voluntarily <strong>and</strong> peaceably to pursue them. <strong>The</strong><br />

technology <strong>of</strong> the moment is irrelevant.<br />

This is where Walter Block comes in. For the first time in one<br />

volume, he elucidates the human <strong>and</strong> economic factors that show<br />

that roads, <strong>and</strong> whatever parts <strong>of</strong> our lives depend on them, get<br />

better with privatization—just as does every other product or<br />

service you can name.<br />

Mainstream economists have for generations voiced predictable<br />

objections to road privatization, such as externalities<br />

(e.g., pollution), eminent domain, <strong>and</strong> public safety. Walter<br />

shows in this book that, regardless <strong>of</strong> technology, the best solutions<br />

are possible, not to mention inevitable, only when property<br />

is truly <strong>and</strong> securely private. Block’s unique contributions are his<br />

explanations <strong>of</strong> the mechanisms by which secure private property<br />

ownership ultimately solves pollution, safety, <strong>and</strong> other<br />

problems better than any system involving “public” property.<br />

<strong>The</strong> classical economic sleight-<strong>of</strong>-h<strong>and</strong> used by generations<br />

<strong>of</strong> economists <strong>and</strong> government employees <strong>and</strong> agencies to justify<br />

continued government control <strong>of</strong> roads is undone h<strong>and</strong>ily with<br />

use <strong>of</strong> the right economic insights. Walter Block is today’s leader<br />

in elucidating just those insights in just this context.<br />

Brad Edmunds<br />

Montgomery, Alabama

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