ManusJustus said:
Roads being provided by the private market is laughably stupid. Here is a right-wing economics professor talking about Public Goods on a pre-Economics 101 level. Governments rely on bureaucracy, respond to poorly informed voters, and have weak incentives to serve consumers. Therefore they produce inefficiently. Furthermore, politicians may supply public “goods” in a manner to serve their own interests rather than the interests of the public; examples of wasteful government spending and pork barrel projects are legion. Government often creates a problem of “forced riders” by compelling persons to support projects they do not desire. http://www.econlib.org/library/Enc/PublicGoods.html He then goes on to explain why your economic ideas are asinine. |
If you look at projects like the John Murtha Airport (an airport that has received hundreds of millions of dollars of public money to provide a handful of flights at a cost far higher than driving) it is difficult to argue that is definition isn't accurate; at least in some ways.
