The Privatization of Roads and Highways - Ludwig von Mises Institute

Overcoming Difficulties in Privatizing Roads 257
Rather than reiterating the case for free enterprise in this
domain vis-à-vis socialism, 2 we will instead focus on several
objections to implementation, and consider some difficulties with
the transition period.
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Monopolies,” Economic Notes 72 (London: Libertarian Alliance); John M.
Cobin, “Market Provisions of Highways: Lessons from Costanera Norte,”
Planning and Markets 2, no. 1 (1999); Andre De Palma and Robin Lindsey,
“Private Toll Roads: Competition under Various Ownership Regimes,” The
Annals of Regional Science 34 (2000): 13–35; idem, “A Model of Curb Rights
In Private Urban Transit Markets,” Canadian Transportation Research Forum
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Turnpike Companies of Early America,” Economic Inquiry (October 1990):
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Community and the Law: The Turnpike Movement in New York,
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Trunk to Branch: Toll Roads in New York, 1800–1860,” Essays in Economic
and Business History 11 (1993): 191–209; Dan Klein and G.J. Fielding, “Private
Toll Roads: Learning From the Nineteenth Century,” Transportation
Quarterly (July 1992): 321–41; idem, “How to Franchise Highways,” Journal
of Transport Economics and Policy (May 1993): 113–30; idem, “High Occupancy/Toll
Lanes: Phasing in Congestion Pricing a Lane at a Time,” Policy
Study 170 (November 1993); Bertrand Lemennicier, “La Privatisation des
rues,” Journal des Economistes et des Etudes Humaines 7, no. 2/3 (June–September):
363–76; Gabriel Roth, A Self-Financing Road System (London: Institute
of Economic Affairs, 1966); idem, Paying for Roads: The Economics of Traffic
Congestion (Middlesex, U.K.: Penguin, 1967; idem, The Private Provision of
Public Services in Developing Countries (Oxford: Oxford University Press,
1987); John Semmens, “Road to Ruin,” The Freedom (December 1981); idem,
“The Privatization of Highway Facilities,” Transportation Research Forum
(March 1983); idem, “Highways: Public Problems and Private Solutions,”
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the U.S. Road Monopoly,” Heritage Foundation (December 14, 1987); idem,
“Privatization: Saving While Serving the Public,” Goldwater Institute
(April 25, 1987); idem, “Taking Over the Roads,” Liberty (November 1988);
idem, “Why We Need Highway Privatization,” Laissez Faire Institute
(March 1991); idem, “Private Highways? They’re Cheaper, Better, Fairer,”
Phoenix Gazette, 3 April, 1991; idem, “The Rationale for Toll Roads: You Get
What You Pay For,” Phoenix Gazette, 16 December 16, 1992; idem, “Highway
Privatization: What Are the Benefits for Arizona?,” Goldwater Institute