The Privatization of Roads and Highways - Ludwig von Mises Institute

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Road Socialism 199 bouncer, to each separate patron, and all of these employees got in each other’s way. The aphorism “too many cooks spoil the broth” applies in all contexts. The bottom line is that the market tends to obviate both overand under-optimal allocations of resources, whether in terms of safety, or weight, or quality, or any other dimension. But what of the charge that our present37 number of highway fatalities (41,462), and nonfatal highway accidents (2,210,000), is really either underoptimal, or optimal. On the face of it, this is difficult to accept. The claim can be seriously offered, I maintain, only because, like death and taxes, highway fatalities seem inevitable. This, I claim, emanates from the mindset which sees road socialism as the only possible alternative. To place this in context, imagine that carnage of these proportions were to occur in any private industry: mining, air travel, sports, whatever. Under these conditions a hue and cry of vast proportions would arise. Senator Ted Kennedy would hold outraged hearings, determined to get to the bottom of how we can allow the selfish ,greedy pursuit of the unholy buck to kill and maim so many people. The New York Times would call for the nationalization of such an enterprise. In point of fact, however, this mutilation of the innocents occurs on public property. It is time, it is past time, to think in terms of privatization. CONCLUSION The present chapter has criticized numerous analysts of highway safety as “road socialists.” This is a charge that will amaze these authors. When they set out to do their work, ideology was, perhaps, the furthest thing from their minds. Yet, for all of that, it cannot be denied that the “shoe fits.” Their analyses presumes governmental ownership and control of transportation arteries; while they call into question every other variable 37 Statistical Abstract of the U.S., 1993, table 1030, p. 622, for the year 1991.
200 The Privatization of Roads and Highways which might conceivably affect traffic safety, and even some which do not, they take for granted these institutional arrangements. If that is not “socialism,” it will do very well until something better comes along.
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The Privatization of Roads and High
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This book is dedicated to my fellow
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vi The Privatization of Roads and H
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viii The Privatization of Roads and
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x The Privatization of Roads and Hi
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Acknowledgments Iwould like to than
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Introduction Most people who read t
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Introduction xvii dealing with obje
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1 Free-Market Transportation: Denat
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Free-Market Transportation: Denatio
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3 Public Goods and Externalities: T
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Public Goods and Externalities: The
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Page 186: Part II Applications
Page 202 and 203: 6 Road Socialism * What are the bes
Page 204 and 205: Road Socialism 185 of the state app
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Page 222 and 223: Compromising the Uncompromisable: S
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Page 250 and 251: Privatize Public Highways 231 Thoma
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Homesteading City Streets: An Exerc
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256 The Privatization of Roads and
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13 Transition to Private Roads * Le
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Transition to Private Roads 281 pre
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Transition to Private Roads 283 Blo
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Transition to Private Roads 285 to
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Transition to Private Roads 287 But
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Transition to Private Roads 289 The
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Part IV Critiques
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15 Comment on “Roads, Bridges, Su
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Comment on “Roads, Bridges, Sunli
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16 Roads, Bridges, Sunlight, and Pr
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Roads, Bridges, Sunlight, and Priva
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17 Who is Responsible for Traffic D
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Who is Responsible for Traffic Deat
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20 Aiding and Abetting Road Sociali
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Aiding and Abetting Road Socialism
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Part V Conclusion
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APPENDIX I Annual U.S. Street & Hig
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Appendices 423 It cannot be denied
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The Privatization of Roads and Highways - Ludwig von Mises Institute

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