The Privatization of Roads and Highways - Ludwig von Mises Institute

Free-Market Transportation: Denationalizing the Roads 45
systems of insuring against vehicle defects, for example, is that
there is no competition allowed. Again, in a free-market system,
opportunities would open up for innovative approaches to safety
problems. Should stiffer penalties be shown unsuccessful in
reducing unsafe vehicles and practices, an incentive system may
be the answer. We cannot paint all the details of the future from
our present vantage point. But we do know that “there has to be
a better way.”