The Privatization of Roads and Highways - Ludwig von Mises Institute

470 The Privatization of Roads and Highways
Capitalism, 319; see also Laissezfaire
Carpooling, 388–89
Cars vs. people, 82
Case probability, 132
Central planning, 370–72
Cigarettes, 207–14
Class probability, 132
Clay, Henry, 103
Coase, Ronald H., 175, 210
Coercion, 288–90
Competition, 18–19, 30–31, 155, 160,
162, 163, 170, 181
perfect, 30–33, 36, 368–70, 369n,
373
real, 369
Competitive industry, 261, 325
Competitive market process, 35
Congestion, 47–48, 49–96, 229–32,
356–58, 371–73, 376
crisis, 69, 73
criteria to reduce, 79–80
economic approach to, 11
solutions
automobile banning, 76, 82
bus lanes, 64, 84–87
central planning, 370–72
electronic monitoring, 64,
65, 83, 86, 91
expanding roads, 72–73
free fare, 90–95
government rules, 59
improved mass transit, 88
limited turns, 61
reversible one-way streets, 61
staggered work hours, 59
surveillance, 63–65, 83
zoning, 65, 68
Congestion vs. density, 51
Contracts, implicit, 344
Cooper, Norman L., 113
Courts, 322–23
Covenants, restrictive, 121
De minimis argument, 302
Deaths, highway, 4, 188, 189, 191n,
193, 349, 351, 356, 363–64
street owner liability, 342
decline with enterprise system,
15
Delanoy, Chris, 327
Demand curve (average revenue
curve), 32, 140
Demsetz, Harold, 210
Density, 51
Department of Transportation
(DOT), 381n, 399
DiLorenzo, Tom, 335
Discrimination, 218, 220, 221
Doctrine of
ad coelum, 296–300
diffused benefits, 137
revealed preference, 126,
132–35, 136
sanctity of property values, 288
Dollar vote, 234
Double decking, 37–38
Drinking/drunk driving, 347–52
Driverists, 157
Dyckman, John W., 73
Econometrics, 132
Economies
of scale, 15, 373–75
science of, 71
Electronic Road Pricing (ERP), 272–73
Eminent domain, 179, 255, 258–60,
407, 366–68, 375, 377
challenge, 17, 19