The Privatization of Roads and Highways - Ludwig von Mises Institute

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Index 471 Enterprise, value of a commercial, 18 Entitlement, 242 Entrepreneur(s), 7, 14–16, 34–35, 40–42, 62, 69, 95, 130, 204, 224, 248, 250, 252, 350, 351, 389, 394, 411 consumer desires and, 406 Equity and pricing, 376–77 Excludability, 98, 98n, 112, 121, 122, 141 Exclusion principle, 98 External economics, 98, 99–108 diseconomies, 108–113 Externalities, 97–99, 286–88 argument, 99, 102–05, 108, 136 internalized, 110, 111, 120, 125 market failure of, 358–61, 359n pecuniary, 107n, 129, 130 positive, 97n, 99, 111, 113, 115, 120 Federal Highway Administration (FHA), 230 Freedom of movement, 130, 131, 218, 222 Fisher, Carl, 149 Free enterprise, 224, 338, 341 fares, 90–95 immigration, 216 market, 70 market in roads, 7, 11, 13, 23, 38 market transportation network, 70 mass transportation, 90–91 rider, 114–18, 136 society, 216, 283, 289, 295n, 323n, 338, 344–45, 381, 386 Friedman, David, 297, 299 Friedman, Milton, 297, 298, 299 Galt, John, 396 Gilad, B., 188 Government as manager of roads and highways, 68 responsibility, 363–66 Graves, Philip E., 294 Green light time, 28 Gridlock, 356 Hague, Douglas C., 32 Hayek, F.A., 393 Haritos, Z., 39 Harwitz, Mitchell, 130 Haveman, Robert H., 31, 110, 125, 132, 135 Heller, Walter H., 72, 114, 115, 116 Heyne, Paul, 192 High-occupancy vehicle (HOV) lanes, 231, 398 Highway fatalities and road socialism, 331–45 mileage, 147, 149 monopoly, 230 safety record, 155 transportation market, 192 Homesteading, 217, 239, 240n, 242–44, 318–20, 409, 414 Hoppe, Hans-Hermann, 218 Integration, forced, 216 Intersection ownership by a third party, 28–29 Immigration, 215–18 Improved mass transit, 88
472 The Privatization of Roads and Highways Independent Rapid Transit Corporation, 240 Indivisibilities, 43,373–75 and road provision, 373 Infrastructure, decline in condition, 385 Insurance access, 413 automobile rates, 173–78 title, 412 Internationalization of the externalities, 121 International Bridge, Tunnel and Turnpike Association (IBTTA), 363–64 Interstate Highway System, 385 Investment ex ante and ex post, 40 Isolability, 136–38 Jackman, W.T., 103, 145–47 Joint stock company, 244 Kain, John F., 63 Khursheed, Aaiysha F., 334 Kirk, Robert, 53, 64, 74 Kirzner, Israel, 34, Kolko, G., 164 Kreml, F.H., 155–56 Laissez-faire capitalism, 175, 178, 179, 250, 265 Land collectivitization, 179, 180 Land values, 18 Land-use controls, 66 Lave, Charles, 187, 191, 193 Law suits (lawsuits), 197 Liability, 342–44 Libertarian, 409, 413, 415–17 law, 414 Party, 416 perspective on rights, 205 political economic philosophy, 201, 202, 211, 214 Libertarianism theory, 239, 407 Libertarians, 386, 388, 399, 413, 416 Lincoln Highway, 149 Load factor, 88 Locke, John, 311–12 Lockean-Rothbardian property rights, theory, 296 Lockean homesteading, 299, 304 -Rothbardian-Hoppean homesteading theory, 414 Loeb, P.D., 188–90 Longer Combination Vehicles, 382 Mackey, Cecil, 163 MADD, 348–54 Majoritarianism, 124 Market action, 136, 137, 142 failure, 358–61 process, 13, 26, 34–35, 41 value of rights of way, 130 Mass transportation, 65, 68, 73, 83, 86, 90, 02, 95 McFarland, R.A., 158 Megaproject failures, 393–94 Meiburg, Charles O., 50 Meyer, John R., 54 Mises, Ludwig von, 132, 133–34, 135 Mohring, Herbert, 72, 129–30, 357, 359–61, 366–77 Monopoly, 10, 41, 43 Morris, S.S., 73 Mothers Against Death Drivers, 348
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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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Part II Applications
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6 Road Socialism * What are the bes
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Road Socialism 185 of the state app
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Road Socialism 187 It is in order t
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Road Socialism 189 indicates that v
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Road Socialism 191 vehicle inspecti
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Road Socialism 193 that “The domi
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Road Socialism 195 imaginative and
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Road Socialism 197 2. Perhaps the p
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Road Socialism 199 bouncer, to each
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7 Compromising the Uncompromisable:
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Compromising the Uncompromisable: S
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8 Roads and the Immigration Issue T
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Roads and the Immigration Issue 217
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9 The Motor Vehicle Bureau Newly ar
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The Motor Vehicle Bureau 225 In the
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10 Privatize Public Highways * Acro
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Privatize Public Highways 231 Thoma
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11 Homesteading City Streets: An Ex
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Homesteading City Streets: An Exerc
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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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Page 440 and 441: APPENDIX I Annual U.S. Street & Hig
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