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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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Contents<br />

Foreword by Brad Edmonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii<br />

Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii<br />

Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xv<br />

PART I: THE THEORY<br />

1. Free Market Transportation: Denationalizing the <strong>Roads</strong> . . . . . . . . 1<br />

2. Congestion <strong>and</strong> Road Pricing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47<br />

3. Public Goods <strong>and</strong> Externalities: <strong>The</strong> Case <strong>of</strong> <strong>Roads</strong> . . . . . . . . . . . 97<br />

4. <strong>The</strong>ory <strong>of</strong> Highway Safety . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153<br />

PART II: APPLICATIONS<br />

5. Private <strong>Roads</strong>, Competition, Automobilite Insurance <strong>and</strong><br />

Price Controls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 167<br />

6. Road Socialism. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 183<br />

7. Compromising the Uncompromisable: Speed Limits,<br />

Parades, Cigarettes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201<br />

8. <strong>Roads</strong> <strong>and</strong> the Immigration Issue . . . . . . . . . . . . . . . . . . . . . . . . . . 215<br />

9. <strong>The</strong> Motor Vehicle Bureau . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 223<br />

PART III: PROCESS<br />

10. Privatize the Public Highway System . . . . . . . . . . . . . . . . . . . . . . 227<br />

11. Homesteading City Streets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233<br />

v

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