All Posts Tagged With: "private streets"
The Private Provision of Public Goods
Nobel laureate economist Elinor Ostrom’s important work shows that people are very good at using voluntary action to solve problems that economics textbooks insist require the forceful hand of government. Producing “public goods” (such as irrigation systems for a community of farmers) often promises large enough gains to stir the creative juices of people—who, given [...]
20May2010 | Donald J. Boudreaux | 5 comments | ContinuedAre Highways Subsidized?
I have always loved trains. I am an ardent cyclist, and I never particularly liked automobiles. So I always took it for granted that the reason most Americans drive and passenger trains have nearly disappeared is that our highways are unfairly subsidized. I felt particularly incensed that the Interstate Highway System, which took business from [...]
1Nov2006 | Randal OToole | 8 comments | Continued-
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